FLEX LNG Stock Forecast - Daily Balance Of Power
| FLNG Stock | USD 24.55 0.17 0.70% |
FLEX Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FLEX LNG's historical fundamentals, such as revenue growth or operating cash flow patterns.
FLEX |
Open Interest Against 2025-01-17 FLEX Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast FLEX LNG's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in FLEX LNG's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for FLEX LNG stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current FLEX LNG's open interest, investors have to compare it to FLEX LNG's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of FLEX LNG is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in FLEX. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1795 | (0.98) |
| Check FLEX LNG Volatility | Backtest FLEX LNG | Trend Details |
FLEX LNG Trading Date Momentum
| On July 25 2024 FLEX LNG was traded for 25.82 at the closing time. The top price for the day was 26.20 and the lowest listed price was 25.79 . The trading volume for the day was 209.1 K. The trading history from July 25, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.69% . The overall trading delta against the current closing price is 0.38% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare FLEX LNG to competition |
Other Forecasting Options for FLEX LNG
For every potential investor in FLEX, whether a beginner or expert, FLEX LNG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FLEX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FLEX. Basic forecasting techniques help filter out the noise by identifying FLEX LNG's price trends.FLEX LNG Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FLEX LNG stock to make a market-neutral strategy. Peer analysis of FLEX LNG could also be used in its relative valuation, which is a method of valuing FLEX LNG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FLEX LNG Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of FLEX LNG's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of FLEX LNG's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
FLEX LNG Market Strength Events
Market strength indicators help investors to evaluate how FLEX LNG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLEX LNG shares will generate the highest return on investment. By undertsting and applying FLEX LNG stock market strength indicators, traders can identify FLEX LNG entry and exit signals to maximize returns.
| Accumulation Distribution | 7229.58 | |||
| Daily Balance Of Power | 0.2787 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 24.33 | |||
| Day Typical Price | 24.4 | |||
| Price Action Indicator | 0.31 | |||
| Period Momentum Indicator | 0.17 |
FLEX LNG Risk Indicators
The analysis of FLEX LNG's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in FLEX LNG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flex stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.51 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.38 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Historical Fundamental Analysis of FLEX LNG to cross-verify your projections. For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 3 | Earnings Share 1.69 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.