On Tuesday, Flex LNG Ltd (Symbol: FLNG) saw its shares drop below the 200-day moving average of $24.42, trading as low as $24.35, marking a decline of approximately 1.9% for the day. The current share price is $24.44, within a 52-week range of $19.46 to $27.67.
This movement raises caution as the stock has consistently remained near its long-term trend line, indicating potential volatility ahead.
