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FLEX LNG Ltd
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Let's analyse FLEX LNG Ltd together

PenkeI guess you are interested in FLEX LNG Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of FLEX LNG Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of FLEX LNG Ltd (30 sec.)










What can you expect buying and holding a share of FLEX LNG Ltd? (30 sec.)

How much money do you get?

How much money do you get?
€3.58
When do you have the money?
1 year
How often do you get paid?
94.4%

What is your share worth?

Current worth
€15.77
Expected worth in 1 year
€14.67
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
€2.27
Return On Investment
9.6%

For what price can you sell your share?

Current Price per Share
€23.70
Expected price per share
€22.98 - €24.68
How sure are you?
50%

1. Valuation of FLEX LNG Ltd (5 min.)




Live pricePrice per Share (EOD)

€23.70

Intrinsic Value Per Share

€242.26 - €290.96

Total Value Per Share

€258.03 - €306.74

2. Growth of FLEX LNG Ltd (5 min.)




Is FLEX LNG Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$900.2m$959.4m-$39.9m-4.3%

How much money is FLEX LNG Ltd making?

Current yearPrevious yearGrowGrow %
Making money$30m$47m-$17m-56.7%
Net Profit Margin32.6%55.2%--

How much money comes from the company's main activities?

3. Financial Health of FLEX LNG Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas Midstream industry (5 min.)




  Industry Rankings (Oil & Gas Midstream)  


Richest
#43 / 71

Most Revenue
#54 / 71

Most Profit
#49 / 71

What can you expect buying and holding a share of FLEX LNG Ltd? (5 min.)

Welcome investor! FLEX LNG Ltd's management wants to use your money to grow the business. In return you get a share of FLEX LNG Ltd.

What can you expect buying and holding a share of FLEX LNG Ltd?

First you should know what it really means to hold a share of FLEX LNG Ltd. And how you can make/lose money.

Speculation

The Price per Share of FLEX LNG Ltd is €23.70. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of FLEX LNG Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in FLEX LNG Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €15.77. Based on the TTM, the Book Value Change Per Share is €-0.28 per quarter. Based on the YOY, the Book Value Change Per Share is €0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.84 per quarter.
Based on historical numbers we can estimate the returns while holding a share of FLEX LNG Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.361.5%0.562.4%0.873.7%0.522.2%0.522.2%
Usd Book Value Change Per Share-0.54-2.3%-0.29-1.2%0.090.4%0.933.9%0.933.9%
Usd Dividend Per Share0.933.9%0.903.8%0.793.3%0.512.2%0.512.2%
Usd Total Gains Per Share0.391.6%0.602.5%0.883.7%1.446.1%1.446.1%
Usd Price Per Share28.12-30.08-30.49-18.84-18.84-
Price to Earnings Ratio19.49-16.28-8.87-22.34-22.34-
Price-to-Total Gains Ratio72.03-59.82-42.31-21.27-21.27-
Price to Book Ratio1.68-1.76-1.71-1.09-1.09-
Price-to-Total Gains Ratio72.03-59.82-42.31-21.27-21.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share25.17177
Number of shares39
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.900.51
Usd Book Value Change Per Share-0.290.93
Usd Total Gains Per Share0.601.44
Gains per Quarter (39 shares)23.4756.28
Gains per Year (39 shares)93.88225.12
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1140-468480145215
2279-92178160290440
3419-137272240436665
4559-183366320581890
5698-2294604007261115
6838-2755544808711340
7978-32164855910161565
81118-36774263911621790
91257-41283671913072015
101397-45893079914522240

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%16.02.00.088.9%16.02.00.088.9%16.02.00.088.9%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%11.07.00.061.1%11.07.00.061.1%11.07.00.061.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.01.094.4%17.00.01.094.4%17.00.01.094.4%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.02.00.088.9%16.02.00.088.9%16.02.00.088.9%

Fundamentals of FLEX LNG Ltd

About FLEX LNG Ltd

Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Fundamental data was last updated by Penke on 2024-04-05 07:11:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of FLEX LNG Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit FLEX LNG Ltd earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A Net Profit Margin of 19.9% means that €0.20 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of FLEX LNG Ltd:

  • The MRQ is 19.9%. The company is making a huge profit. +2
  • The TTM is 32.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ19.9%TTM32.6%-12.7%
TTM32.6%YOY55.2%-22.6%
TTM32.6%5Y31.2%+1.4%
5Y31.2%10Y31.2%0.0%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ19.9%28.3%-8.4%
TTM32.6%19.1%+13.5%
YOY55.2%13.2%+42.0%
5Y31.2%12.3%+18.9%
10Y31.2%7.7%+23.5%
1.1.2. Return on Assets

Shows how efficient FLEX LNG Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • 0.7% Return on Assets means that FLEX LNG Ltd generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of FLEX LNG Ltd:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.0%-0.3%
TTM1.0%YOY1.7%-0.7%
TTM1.0%5Y1.0%+0.0%
5Y1.0%10Y1.0%0.0%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%2.1%-1.4%
TTM1.0%1.4%-0.4%
YOY1.7%1.6%+0.1%
5Y1.0%1.1%-0.1%
10Y1.0%1.0%+0.0%
1.1.3. Return on Equity

Shows how efficient FLEX LNG Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • 2.2% Return on Equity means FLEX LNG Ltd generated €0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of FLEX LNG Ltd:

  • The MRQ is 2.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM3.3%-1.1%
TTM3.3%YOY4.9%-1.6%
TTM3.3%5Y3.0%+0.3%
5Y3.0%10Y3.0%0.0%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%4.8%-2.6%
TTM3.3%4.5%-1.2%
YOY4.9%4.7%+0.2%
5Y3.0%2.4%+0.6%
10Y3.0%2.2%+0.8%

1.2. Operating Efficiency of FLEX LNG Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient FLEX LNG Ltd is operating .

  • Measures how much profit FLEX LNG Ltd makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of FLEX LNG Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM28.8%-28.8%
TTM28.8%YOY57.3%-28.5%
TTM28.8%5Y47.1%-18.3%
5Y47.1%10Y47.1%0.0%
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ-26.3%-26.3%
TTM28.8%20.1%+8.7%
YOY57.3%20.1%+37.2%
5Y47.1%20.8%+26.3%
10Y47.1%17.1%+30.0%
1.2.2. Operating Ratio

Measures how efficient FLEX LNG Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • An Operation Ratio of 0.79 means that the operating costs are €0.79 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of FLEX LNG Ltd:

  • The MRQ is 0.791. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.802. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.791TTM0.802-0.011
TTM0.802YOY0.827-0.025
TTM0.8025Y0.884-0.082
5Y0.88410Y0.8840.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7910.913-0.122
TTM0.8020.914-0.112
YOY0.8270.892-0.065
5Y0.8840.895-0.011
10Y0.8840.922-0.038

1.3. Liquidity of FLEX LNG Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if FLEX LNG Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A Current Ratio of 2.89 means the company has €2.89 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of FLEX LNG Ltd:

  • The MRQ is 2.891. The company is able to pay all its short-term debts. +1
  • The TTM is 2.985. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.891TTM2.985-0.094
TTM2.985YOY2.075+0.909
TTM2.9855Y1.962+1.023
5Y1.96210Y1.9620.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8910.996+1.895
TTM2.9851.096+1.889
YOY2.0751.031+1.044
5Y1.9621.032+0.930
10Y1.9621.147+0.815
1.3.2. Quick Ratio

Measures if FLEX LNG Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A Quick Ratio of 0.00 means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of FLEX LNG Ltd:

  • The MRQ is 0.003. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.039. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.003TTM0.039-0.037
TTM0.039YOY0.066-0.027
TTM0.0395Y0.066-0.027
5Y0.06610Y0.0660.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0030.665-0.662
TTM0.0390.718-0.679
YOY0.0660.805-0.739
5Y0.0660.829-0.763
10Y0.0660.849-0.783

1.4. Solvency of FLEX LNG Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of FLEX LNG Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare FLEX LNG Ltd to Oil & Gas Midstream industry mean.
  • A Debt to Asset Ratio of 0.69 means that FLEX LNG Ltd assets are financed with 68.7% credit (debt) and the remaining percentage (100% - 68.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of FLEX LNG Ltd:

  • The MRQ is 0.687. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.688. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.687TTM0.688-0.001
TTM0.688YOY0.657+0.031
TTM0.6885Y0.622+0.066
5Y0.62210Y0.6220.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6870.515+0.172
TTM0.6880.516+0.172
YOY0.6570.550+0.107
5Y0.6220.544+0.078
10Y0.6220.536+0.086
1.4.2. Debt to Equity Ratio

Measures if FLEX LNG Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A Debt to Equity ratio of 219.6% means that company has €2.20 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of FLEX LNG Ltd:

  • The MRQ is 2.196. The company is just not able to pay all its debts with equity.
  • The TTM is 2.202. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.196TTM2.202-0.006
TTM2.202YOY1.917+0.285
TTM2.2025Y1.731+0.471
5Y1.73110Y1.7310.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1961.064+1.132
TTM2.2021.091+1.111
YOY1.9171.241+0.676
5Y1.7311.240+0.491
10Y1.7311.253+0.478

2. Market Valuation of FLEX LNG Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings FLEX LNG Ltd generates.

  • Above 15 is considered overpriced but always compare FLEX LNG Ltd to the Oil & Gas Midstream industry mean.
  • A PE ratio of 19.49 means the investor is paying €19.49 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of FLEX LNG Ltd:

  • The EOD is 17.440. Based on the earnings, the company is fair priced.
  • The MRQ is 19.485. Based on the earnings, the company is fair priced.
  • The TTM is 16.280. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD17.440MRQ19.485-2.046
MRQ19.485TTM16.280+3.205
TTM16.280YOY8.873+7.408
TTM16.2805Y22.340-6.059
5Y22.34010Y22.3400.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD17.4409.068+8.372
MRQ19.4858.498+10.987
TTM16.2808.498+7.782
YOY8.8738.242+0.631
5Y22.34011.160+11.180
10Y22.34013.160+9.180
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of FLEX LNG Ltd:

  • The EOD is 5.868. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.556. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.038. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.868MRQ6.556-0.688
MRQ6.556TTM9.038-2.482
TTM9.038YOY7.141+1.897
TTM9.0385Y4.845+4.193
5Y4.84510Y4.8450.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD5.8685.057+0.811
MRQ6.5564.526+2.030
TTM9.0385.292+3.746
YOY7.1415.790+1.351
5Y4.8453.502+1.343
10Y4.8453.776+1.069
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of FLEX LNG Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Midstream industry mean).
  • A PB ratio of 1.68 means the investor is paying €1.68 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of FLEX LNG Ltd:

  • The EOD is 1.502. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.679. Based on the equity, the company is underpriced. +1
  • The TTM is 1.757. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.502MRQ1.679-0.176
MRQ1.679TTM1.757-0.079
TTM1.757YOY1.709+0.048
TTM1.7575Y1.091+0.666
5Y1.09110Y1.0910.000
Compared to industry (Oil & Gas Midstream)
PeriodCompanyIndustry (mean)+/- 
EOD1.5021.294+0.208
MRQ1.6791.218+0.461
TTM1.7571.207+0.550
YOY1.7091.107+0.602
5Y1.0911.014+0.077
10Y1.0911.203-0.112
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of FLEX LNG Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.507-0.277-46%0.082-716%0.876-158%0.876-158%
Book Value Per Share--15.77416.111-2%16.811-6%15.981-1%15.981-1%
Current Ratio--2.8912.985-3%2.075+39%1.962+47%1.962+47%
Debt To Asset Ratio--0.6870.6880%0.657+5%0.622+10%0.622+10%
Debt To Equity Ratio--2.1962.2020%1.917+15%1.731+27%1.731+27%
Dividend Per Share--0.8750.843+4%0.742+18%0.482+81%0.482+81%
Eps--0.3400.526-35%0.824-59%0.489-31%0.489-31%
Free Cash Flow Per Share--1.0100.814+24%1.023-1%-0.297+129%-0.297+129%
Free Cash Flow To Equity Per Share---0.3580.365-198%0.610-159%0.329-209%0.329-209%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--290.963--------
Intrinsic Value_10Y_min--242.258--------
Intrinsic Value_1Y_max--6.052--------
Intrinsic Value_1Y_min--5.931--------
Intrinsic Value_3Y_max--35.791--------
Intrinsic Value_3Y_min--33.814--------
Intrinsic Value_5Y_max--86.760--------
Intrinsic Value_5Y_min--79.013--------
Market Cap1273550310.000-12%1422937700.6401521812262.780-6%1542769173.000-8%953709977.802+49%953709977.802+49%
Net Profit Margin--0.1990.326-39%0.552-64%0.312-36%0.312-36%
Operating Margin---0.288-100%0.573-100%0.471-100%0.471-100%
Operating Ratio--0.7910.802-1%0.827-4%0.884-11%0.884-11%
Pb Ratio1.502-12%1.6791.757-4%1.709-2%1.091+54%1.091+54%
Pe Ratio17.440-12%19.48516.280+20%8.873+120%22.340-13%22.340-13%
Price Per Share23.700-12%26.48028.320-6%28.710-8%17.738+49%17.738+49%
Price To Free Cash Flow Ratio5.868-12%6.5569.038-27%7.141-8%4.845+35%4.845+35%
Price To Total Gains Ratio64.471-12%72.03359.823+20%42.310+70%21.274+239%21.274+239%
Quick Ratio--0.0030.039-93%0.066-96%0.066-96%0.066-96%
Return On Assets--0.0070.010-34%0.017-60%0.010-34%0.010-34%
Return On Equity--0.0220.033-34%0.049-56%0.030-28%0.030-28%
Total Gains Per Share--0.3680.567-35%0.825-55%1.359-73%1.359-73%
Usd Book Value--900292251.300919493957.200-2%959449362.625-6%913605320.767-1%913605320.767-1%
Usd Book Value Change Per Share---0.539-0.294-46%0.087-716%0.931-158%0.931-158%
Usd Book Value Per Share--16.75417.111-2%17.855-6%16.974-1%16.974-1%
Usd Dividend Per Share--0.9290.895+4%0.788+18%0.512+81%0.512+81%
Usd Eps--0.3610.558-35%0.875-59%0.520-31%0.520-31%
Usd Free Cash Flow--57629546.00046475371.800+24%58382840.425-1%-15260960.867+126%-15260960.867+126%
Usd Free Cash Flow Per Share--1.0720.865+24%1.086-1%-0.315+129%-0.315+129%
Usd Free Cash Flow To Equity Per Share---0.3800.388-198%0.648-159%0.349-209%0.349-209%
Usd Market Cap1352637784.251-12%1511302131.8501616316804.299-6%1638575138.643-8%1012935367.423+49%1012935367.423+49%
Usd Price Per Share25.172-12%28.12430.079-6%30.493-8%18.840+49%18.840+49%
Usd Profit--19390363.00630008764.180-35%47008955.705-59%27927693.656-31%27927693.656-31%
Usd Revenue--97230805.86392752452.982+5%86976392.732+12%72700889.475+34%72700889.475+34%
Usd Total Gains Per Share--0.3900.602-35%0.876-55%1.443-73%1.443-73%
 EOD+4 -4MRQTTM+13 -22YOY+9 -265Y+13 -2210Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of FLEX LNG Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.440
Price to Book Ratio (EOD)Between0-11.502
Net Profit Margin (MRQ)Greater than00.199
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.003
Current Ratio (MRQ)Greater than12.891
Debt to Asset Ratio (MRQ)Less than10.687
Debt to Equity Ratio (MRQ)Less than12.196
Return on Equity (MRQ)Greater than0.150.022
Return on Assets (MRQ)Greater than0.050.007
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of FLEX LNG Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose23.640
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets2,709,193
Total Liabilities1,861,540
Total Stockholder Equity847,653
 As reported
Total Liabilities 1,861,540
Total Stockholder Equity+ 847,653
Total Assets = 2,709,193

Assets

Total Assets2,709,193
Total Current Assets443,061
Long-term Assets2,266,132
Total Current Assets
Cash And Cash Equivalents 410,425
Net Receivables 447
Inventory 5,091
Total Current Assets  (as reported)443,061
Total Current Assets  (calculated)415,963
+/- 27,098
Long-term Assets
Property Plant Equipment 2,217,303
Long-term Assets  (as reported)2,266,132
Long-term Assets  (calculated)2,217,303
+/- 48,829

Liabilities & Shareholders' Equity

Total Current Liabilities153,267
Long-term Liabilities1,708,273
Total Stockholder Equity847,653
Total Current Liabilities
Short Long Term Debt 103,870
Accounts payable 3,508
Other Current Liabilities 482
Total Current Liabilities  (as reported)153,267
Total Current Liabilities  (calculated)107,860
+/- 45,407
Long-term Liabilities
Long term Debt 1,708,273
Long-term Liabilities  (as reported)1,708,273
Long-term Liabilities  (calculated)1,708,273
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)847,653
Total Stockholder Equity (calculated)0
+/- 847,653
Other
Capital Stock5,452
Common Stock Shares Outstanding 53,736
Net Debt 1,401,718
Net Invested Capital 2,659,796
Net Working Capital 289,794
Property Plant and Equipment Gross 2,510,686



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
1,578,705
1,641,282
1,628,157
1,615,784
1,999,411
2,304,020
2,428,208
2,539,670
2,521,044
2,572,921
2,552,642
2,665,578
2,643,582
2,679,512
2,815,627
2,795,903
2,769,056
2,709,193
2,709,1932,769,0562,795,9032,815,6272,679,5122,643,5822,665,5782,552,6422,572,9212,521,0442,539,6702,428,2082,304,0201,999,4111,615,7841,628,1571,641,2821,578,705
   > Total Current Assets 
73,124
143,890
140,003
136,305
98,422
157,845
157,073
157,690
156,745
224,891
193,809
309,360
287,609
354,048
510,200
482,500
463,987
443,061
443,061463,987482,500510,200354,048287,609309,360193,809224,891156,745157,690157,073157,84598,422136,305140,003143,89073,124
       Cash And Cash Equivalents 
56,500
129,005
120,755
115,922
75,765
128,878
139,041
144,151
138,116
200,652
174,053
283,658
271,124
332,329
474,950
449,830
429,415
410,425
410,425429,415449,830474,950332,329271,124283,658174,053200,652138,116144,151139,041128,87875,765115,922120,755129,00556,500
       Net Receivables 
383
9,318
6,832
4,923
6,792
13,883
4,933
6,873
8,888
14,781
9,927
12,002
4,549
8,499
910
19,114
5,410
447
4475,41019,1149108,4994,54912,0029,92714,7818,8886,8734,93313,8836,7924,9236,8329,318383
       Inventory 
1,712
2,686
1,991
3,238
4,423
3,656
5,477
4,075
5,915
6,453
5,206
4,924
4,910
5,260
5,178
5,584
5,158
5,091
5,0915,1585,5845,1785,2604,9104,9245,2066,4535,9154,0755,4773,6564,4233,2381,9912,6861,712
       Other Current Assets 
14,475
93
47
71
48
84
53
56
47
518
455
47
44
72
29,162
91
0
0
009129,162724447455518475653844871479314,475
   > Long-term Assets 
1,505,581
1,497,392
1,488,154
1,479,479
1,900,989
2,146,175
2,271,135
2,381,980
2,364,299
2,348,030
2,358,833
2,356,218
2,355,973
2,325,464
2,305,427
2,313,403
2,305,069
2,266,132
2,266,1322,305,0692,313,4032,305,4272,325,4642,355,9732,356,2182,358,8332,348,0302,364,2992,381,9802,271,1352,146,1751,900,9891,479,4791,488,1541,497,3921,505,581
       Property Plant Equipment 
1,155,840
1,147,284
1,138,682
1,130,007
1,682,571
1,856,466
2,212,684
2,378,880
2,360,422
2,342,168
2,324,360
2,306,356
2,288,153
2,269,949
2,256,861
2,254,730
2,235,875
2,217,303
2,217,3032,235,8752,254,7302,256,8612,269,9492,288,1532,306,3562,324,3602,342,1682,360,4222,378,8802,212,6841,856,4661,682,5711,130,0071,138,6821,147,2841,155,840
       Other Assets 
349,472
349,472
349,472
349,472
218,418
289,600
54,000
3,100
3,877
5,862
0
0
0
0
48,566
1
0
0
00148,56600005,8623,8773,10054,000289,600218,418349,472349,472349,472349,472
> Total Liabilities 
757,950
802,017
809,116
803,326
1,183,059
1,468,845
1,567,075
1,687,645
1,659,590
1,683,534
1,647,248
1,755,705
1,752,534
1,772,422
1,944,996
1,926,177
1,894,138
1,861,540
1,861,5401,894,1381,926,1771,944,9961,772,4221,752,5341,755,7051,647,2481,683,5341,659,5901,687,6451,567,0751,468,8451,183,059803,326809,116802,017757,950
   > Total Current Liabilities 
55,054
57,732
73,805
77,072
103,293
131,832
115,871
132,297
132,997
131,587
123,785
122,002
152,277
153,198
157,822
165,722
159,797
153,267
153,267159,797165,722157,822153,198152,277122,002123,785131,587132,997132,297115,871131,832103,29377,07273,80557,73255,054
       Short Long Term Debt 
34,261
34,566
35,706
35,927
53,745
64,466
74,099
77,674
80,598
81,472
81,800
75,510
93,805
95,507
101,959
103,461
103,638
103,870
103,870103,638103,461101,95995,50793,80575,51081,80081,47280,59877,67474,09964,46653,74535,92735,70634,56634,261
       Accounts payable 
933
582
2,530
292
1,947
3,373
5,122
665
3,430
2,016
4,005
2,835
5,150
1,794
4,235
5,436
3,529
3,508
3,5083,5295,4364,2351,7945,1502,8354,0052,0163,4306655,1223,3731,9472922,530582933
       Other Current Liabilities 
19,860
13,286
6,713
7,243
12,583
26,546
10,444
25,887
26,983
30,411
26,315
28,893
34,030
34,888
51,628
33,854
2,656
482
4822,65633,85451,62834,88834,03028,89326,31530,41126,98325,88710,44426,54612,5837,2436,71313,28619,860
   > Long-term Liabilities 
702,896
744,285
735,311
726,254
1,079,766
1,337,013
1,451,204
1,555,348
1,526,593
1,551,947
1,523,463
1,633,703
1,600,257
1,619,224
1,787,174
1,760,455
1,734,341
1,708,273
1,708,2731,734,3411,760,4551,787,1741,619,2241,600,2571,633,7031,523,4631,551,9471,526,5931,555,3481,451,2041,337,0131,079,766726,254735,311744,285702,896
       Long term Debt 
702,893
744,283
735,310
726,252
1,079,766
1,337,013
1,451,204
1,555,348
1,526,593
1,551,947
1,523,463
1,633,703
1,600,257
1,619,224
1,787,174
1,760,455
1,734,341
1,708,273
1,708,2731,734,3411,760,4551,787,1741,619,2241,600,2571,633,7031,523,4631,551,9471,526,5931,555,3481,451,2041,337,0131,079,766726,252735,310744,283702,893
       Other Liabilities 
3
2
1
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000002123
       Long-term Liabilities Other 
3
2
1
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000002123
> Total Stockholder Equity
820,755
839,265
819,041
812,458
816,352
835,175
861,133
852,025
861,454
889,387
905,394
909,873
891,048
907,090
870,631
869,726
874,918
847,653
847,653874,918869,726870,631907,090891,048909,873905,394889,387861,454852,025861,133835,175816,352812,458819,041839,265820,755
   Common Stock
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,411
5,452
5,452
5,452
0
0
005,4525,4525,4525,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,4115,411
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue371,022
Cost of Revenue-143,398
Gross Profit227,624227,624
 
Operating Income (+$)
Gross Profit227,624
Operating Expense-153,865
Operating Income217,15773,759
 
Operating Expense (+$)
Research Development-
Selling General Administrative10,467
Selling And Marketing Expenses-
Operating Expense153,86510,467
 
Net Interest Income (+$)
Interest Income4,868
Interest Expense-108,724
Other Finance Cost-1,227
Net Interest Income-105,083
 
Pretax Income (+$)
Operating Income217,157
Net Interest Income-105,083
Other Non-Operating Income Expenses-
Income Before Tax (EBT)120,117209,114
EBIT - interestExpense = -108,724
120,039
228,763
Interest Expense108,724
Earnings Before Interest and Taxes (EBIT)-228,841
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax120,117
Tax Provision-78
Net Income From Continuing Ops120,039120,039
Net Income120,039
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net8,043105,083
 

Technical Analysis of FLEX LNG Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of FLEX LNG Ltd. The general trend of FLEX LNG Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine FLEX LNG Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of FLEX LNG Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 24.19 < 24.40 < 24.68.

The bearish price targets are: 22.98 > 22.98 > 22.98.

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FLEX LNG Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of FLEX LNG Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

FLEX LNG Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of FLEX LNG Ltd.

FLEX LNG Ltd Daily Moving Average Convergence/Divergence (MACD) ChartFLEX LNG Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of FLEX LNG Ltd. The current adx is .

FLEX LNG Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of FLEX LNG Ltd.

FLEX LNG Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of FLEX LNG Ltd.

FLEX LNG Ltd Daily Relative Strength Index (RSI) ChartFLEX LNG Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of FLEX LNG Ltd.

FLEX LNG Ltd Daily Stochastic Oscillator ChartFLEX LNG Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of FLEX LNG Ltd.

FLEX LNG Ltd Daily Commodity Channel Index (CCI) ChartFLEX LNG Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of FLEX LNG Ltd.

FLEX LNG Ltd Daily Chande Momentum Oscillator (CMO) ChartFLEX LNG Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of FLEX LNG Ltd.

FLEX LNG Ltd Daily Williams %R ChartFLEX LNG Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of FLEX LNG Ltd.

FLEX LNG Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of FLEX LNG Ltd.

FLEX LNG Ltd Daily Average True Range (ATR) ChartFLEX LNG Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of FLEX LNG Ltd.

FLEX LNG Ltd Daily On-Balance Volume (OBV) ChartFLEX LNG Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of FLEX LNG Ltd.

FLEX LNG Ltd Daily Money Flow Index (MFI) ChartFLEX LNG Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for FLEX LNG Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-27 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-28 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-22 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-12 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-01 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-09 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-15 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

FLEX LNG Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of FLEX LNG Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose23.640
Total0/1 (0.0%)
Penke

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