Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
FLEX LNG Ltd. Ordinary Shares (NYSE:FLNG)
Crossroads (-60) - FLNG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 25th, 2022 at 26.2600
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 32.0400
The short-term trend has been DOWN since Mar 24th, 2023 at 32.3596
Smart Scan Analysis for FLNG
Based on our trend formula, FLNG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||38.2432||52wk High Date||2022-12-01|
|52wk Low||23.2501||52wk Low Date||2022-06-17|
|Average Volume||407,854||Shares Outstanding||53,908|