NYSE:FRO - New York Stock Exchange, Inc. - CY0200352116 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to FRO. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FRO is a bad performer.
Although FRO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
16.81
We found 3 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FRO is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRO is up. |
ChartMill Relative Strength | 38.27 | NEUTRAL | FRO is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FRO is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.27 | NEUTRAL | The RSI value for FRO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FRO has a positive trend. |
Stochastics (14,3) | 77.94 | NEUTRAL | The Stochastics value for FRO is a neutral value. |
Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for FRO suggests some volalility. |
Average Directional Index/ADX (14) | 21.61 | NEUTRAL | The ADX value for FRO suggests a possible start of a new trend. |
19.14
-0.79 (-3.96%)