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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.

NYSE_FLNG
Open High Low FLNG Price Change
28.42 28.73 28.42 28.71 +0.39
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 down The intermediate-term trend has been DOWN since Nov 27th, 2023 at 30.11

short term down 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).

-90
Smart Scan Analysis for FLNG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.42 28.73 28.42 28.71 +0.39
Prev. Close Volume Bid Ask Time
28.71 179609 2023-12-08 15:59:15
52wk High37.3252wk High Date2022-12-13
52wk Low27.762652wk Low Date2023-10-04
Average Volume349,631Shares Outstanding53,908
Assets276,905,600MLiabilities189,413,800M
P/E Ratio8.0684
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