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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

FLEX LNG Ltd. Ordinary Shares (NYSE:FLNG)

Bull Market Weakness (+75) - FLNG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FLNG as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FLNG?

MarketClub looks at technical strength and momentum to determine if the timing is right for FLNG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_FLNG
Open High Low FLNG Price Change
27.610 28.050 27.610 27.908 +0.298
Entry Signal

MarketClub’s Trade Triangles for FLNG

long term down The long-term trend has been DOWN since May 17th, 2023 at 29.96

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 26.34

short term up The short-term trend has been UP since May 2nd, 2024 at 26.42

Smart Scan Analysis for FLNG

Based on our trend formula, FLNG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FLNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.610 28.050 27.610 27.908 +0.298
Prev. Close Volume Bid Ask Time
27.610 65182 2024-05-09 10:36:01
52wk High33.330252wk High Date2023-08-09
52wk Low24.1652wk Low Date2024-02-27
Average Volume227,301Shares Outstanding53,908
Assets270,919,300MLiabilities186,154,000M
P/E Ratio12.4369
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