FLEX LNG LTD (FLNG.OL) Stock Technical Analysis
OSL:FLNG - Euronext Oslo - BMG359472021 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to FLNG. FLNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FLNG is a bad performer in the overall market: 76% of all stocks are doing better.
FLNG is currently trading near the lower end of its 52 week range, which is not a good sign. FLNG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month FLNG has a been trading in the 227.00 - 289.80 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FLNG has an average volume of 25076 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FLNG is part of the Oil, Gas & Consumable Fuels industry. There are 62 other stocks in this industry, FLNG did better than 49% of them.
FLNG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
234.03
301.99
When analyzing the support we notice one important area.
- A support zone ranging from 236.39 to 237.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 272.20 to 273.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @288.06 from a trend line in the weekly time frame.
- Resistance @299.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-1.74
10 Day High274.8
10 Day Low227
20 Day High289.8
20 Day Low227
52 Week High323.4
52 Week Low227
Performance
1 Week-4.27%
2 Weeks-6.16%
1 Month-15.92%
3 Month-2.3%
6 Month-12.26%
12 Month-10.34%
2 Year-31.13%
3 Year-3.41%
5 Year347.46%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-2.19
RSI(14)22.71
LBB231.71
UBB269.66
OSL:FLNG (3/7/2025, 7:00:00 PM)
237.6
+1.2 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.51%
1 Week-4.27%
2 Weeks-6.16%
1 Month-15.92%
3 Month-2.3%
6 Month-12.26%
12 Month-10.34%
2 Year-31.13%
3 Year-3.41%
5 Year347.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.76
ATR(20)%4.18%
ATR Inc-45.75%
Range Today6
ADR(20)9.65
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-1.74
10 Day High274.8
10 Day Low227
20 Day High289.8
20 Day Low227
52 Week High323.4
52 Week Low227
CS1 End237.59
CR1 Start272.2
Volume & EV
DER(3)0.45%
DER(5)2.04%
Volume17.31K
Volume Incr1.22%
Vol(5)27.13K
Vol(50)25.08K