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Golar Lng Ltd Bullish Moving Average Crossover Alert (GLNG)

By James Quinn

Today, shares of Golar Lng Ltd (NASDAQ:GLNG) have crossed bullishly above their 10-day moving average of $12.95 on a volume of 454K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Golar Lng Ltd share prices have been bracketed by a low of $11.07 and a high of $30.29 and are now at $13.28, 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.5% while the 200-day MA has slid 1.5%.

SmarTrend is monitoring the recent change of momentum in Golar Lng Ltd. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Golar Lng Ltd in search of a potential trend change.

Keywords: moving crosses golar lng ltd

Ticker(s): GLNG