Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
FLEX LNG Ltd. Ordinary Shares (NYSE:FLNG)
Long-Term Downtrend (-90) - FLNG is in a strong downtrend that is likely to continue. While FLNG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for FLNG
The long-term trend has been DOWN since May 17th, 2023 at 29.96
The intermediate-term trend has been DOWN since Nov 27th, 2023 at 30.11
The short-term trend has been DOWN since Nov 27th, 2023 at 30.68
Smart Scan Analysis for FLNG
Based on our trend formula, FLNG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.32||52wk High Date||2022-12-13|
|52wk Low||27.7626||52wk Low Date||2023-10-04|
|Average Volume||349,631||Shares Outstanding||53,908|