SmarTrend identified an Uptrend for Golar Lng Ltd (NASDAQ:GLNG) on October 8th, 2020 at $7.79. In approximately 3 months, Golar Lng Ltd has returned 54.78% as of today's recent price of $12.05.

Over the past year, Golar Lng Ltd has traded in a range of $4.54 to $15.24 and is now at $12.11, 167% above that low. The 200-day and 50-day moving averages have moved 1.34% higher and 4.69% higher over the past week, respectively.

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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