SmarTrend identified an Uptrend for Golar Lng Ltd (NASDAQ:GLNG) on October 8th, 2020 at $7.79. In approximately 4 months, Golar Lng Ltd has returned 52.86% as of today's recent price of $11.90.

In the past 52 weeks, Golar Lng Ltd share prices have been bracketed by a low of $4.54 and a high of $15.24 and are now at $11.86, 161% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.4% while the 50-day MA has advanced 1.8%.

Golar LNG Limited operates as an independent owner and operator of liquefied natural gas (LNG) infrastructure, including carriers, floating storage and regasification units (FSRUs), and floating liquefaction (FLNG) vessels. Collectively these assets make Golar an integrated midstream LNG services provider supporting resource holders, gas producers, and consumers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Golar Lng Ltd shares.Log in and add Golar Lng Ltd (GLNG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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