FLNG
FLEX LNG·NYSE
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2.95 / 10
Underperform
Technically, Flex LNG is in a weak state with a composite score of 2.95/10. The dominant Bearish Engulfing (score 1/10) and RSI Overbought (score 1/10) signals outweigh the MACD Death Cross (score 5.46/10). Historical back-tests reveal negative average returns for bearish patterns (-0.52%) and overbought conditions (-2.00%), underscoring downside risk. Although MACD Death Cross shows a neutral rise (0.65% return), the preponderance of bearish indicators suggests caution for near-term traders.
Analysis Checks(1/4)
RSI Overbought
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-2.00%
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-2.00%
MACD Death Cross
Score5.46/10
Win Rate55.56%
Hist. Signals9
Avg Return0.65%
Score5.46/10
Win Rate55.56%
Hist. Signals9
Avg Return0.65%
Bearish Engulfing
Score1/10
Win Rate30.77%
Hist. Signals13
Avg Return-0.52%
Score1/10
Win Rate30.77%
Hist. Signals13
Avg Return-0.52%
MACD Golden Cross
Score4.34/10
Win Rate54.55%
Hist. Signals11
Avg Return0.06%
Score4.34/10
Win Rate54.55%
Hist. Signals11
Avg Return0.06%
RSI Overbought
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-2.00%
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-2.00%
Bearish Engulfing
Score1/10
Win Rate30.77%
Hist. Signals13
Avg Return-0.52%
Score1/10
Win Rate30.77%
Hist. Signals13
Avg Return-0.52%
MACD Death Cross
Score5.46/10
Win Rate55.56%
Hist. Signals9
Avg Return0.65%
Score5.46/10
Win Rate55.56%
Hist. Signals9
Avg Return0.65%
MACD Golden Cross
Score4.34/10
Win Rate54.55%
Hist. Signals11
Avg Return0.06%
Score4.34/10
Win Rate54.55%
Hist. Signals11
Avg Return0.06%
Technical Analysis of FLNG?
- FLNG presents a Underperform setup with a Technical Score of 2.95/10. Key technical indicators highlight an RSI of 52.77 and a MACD of -0.14, with the trend anchored by the 50-Day SMA at 25.76. Traders should monitor key support at 25.79 and resistance at 26.49.
