Is FLEX LNG Ltd. technically bullish or bearish?

Jun 25 2025 08:45 AM IST
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As of June 17, 2025, the technical trend is mildly bearish, indicated by daily moving averages and overall monthly signals, despite some bullish momentum in weekly indicators.
As of 17 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish signal. While the weekly MACD and KST are mildly bullish, the monthly indicators, including MACD and Bollinger Bands, are bearish. The RSI on a weekly basis shows bullish momentum, but the overall monthly signals do not provide a strong counter to the bearish trend. The stock's recent performance has also lagged behind the S&P 500 over the past year and three years, further supporting a bearish outlook.
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