Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
FLEX LNG Ltd. (NYSE:FLNG)
Long-Term Uptrend (+90) - FLNG is in a strong uptrend that is likely to continue. While FLNG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Aug 3rd, 2020 at 5.89
The intermediate-term trend has been UP since Mar 26th, 2021 at 9.07
The short-term trend has been UP since May 5th, 2021 at 12.25
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||12.381||52wk High Date||2021-05-05|
|52wk Low||4.28||52wk Low Date||2020-05-29|
|Average Volume||57,833||Shares Outstanding||53,908|