Golar Lng Ltd | GLNG

Daily Technical Analysis of Golar Lng Ltd

Golar Lng hasn't moved too much today but is slightly down, it has lost -0.34% since yesterday.

Golar Lng doesn't seem to be at a very clear reversal point in either direction. Golar Lng hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. GLNG might find some support at the 20.44 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-03-17

Analyst Ratings for Golar Lng By Price Target And Rating

The analysts are pretty neutral on Golar LNG right now, so not much useful information here. The current Analysts Sentiment Score is -1.64. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Citigroup initiated a rating of Neutral on 2023-09-25 and provided a price target of $27.00. On 2023-08-16 there was a downgrade announced by Wolfe Research from Outperform to Peer Perform. On 2023-04-24 Stifel Nicolaus lowered their price target by -2.86% to $34.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
GLNG	-1.64	0	-5.92	3.1	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-15)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
GLNG	0.00	0.00

Short interest for Golar LNG

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
GLNG	2.43	%2.3	2.8	-7.392	2330000

Social Sentiment for Golar LNG

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
GLNG

Companies with the highest correlation to Golar LNG

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
TNK \| Teekay Tankers Ltd.	1.16	1.96	2.09	-1.20	-7.74	21.80	45.04	63	49.79	52.64	74.73	-1006.40	-1054.33	0	1.83983
STNG \| Scorpio Tankers Inc.	1.1	0.38	2.27	-0.61	0.58	27.69	35.99	77	156.33	121.55	59.76	305.13	-29321.21	100	2.32985
OII \| Oceaneering International	0.93	3.34	5.40	1.79	14.63	-1.28	41.70	72	-0.13	1.21	1.02	-2161.33	-21154.25	0	2.4742
INSW \| International Seaways, In	0.9	0.32	1.36	1.03	0.21	12.47	31.90	44	76.15	76.59	60.97	-2595.70	295.67	0	2.65611
TALO \| Talos Energy, Inc. Common	0.89	0.55	0.48	-2.33	4.90	-13.45	8.15	51	-25.09	-17.85	-11.09	-23442.77	-2335.17	0	6.51529
GNK \| GENCO SHIPPING & TRADING	0.87	-0.19	3.07	4.18	20.75	54.26	39.34	55	210.39	60.59	42.54	0.00	-30938.65	0	4.68512
BRY \| Berry Corporation (bry) C	0.87	-0.29	2.32	6.89	28.24	2.32	17.07	64	-1.39	-3.93	-8.48	-1997.69	-4810.08	0	3.62637

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