FRONTLINE PLC (FRO) Stock Technical Analysis
NYSE:FRO - CY0200352116 - Common Stock
20.9 USD
+0.18 (+0.87%)
20.425 USD
-0.47 (-2.27%)
Taking everything into account, FRO scores 7 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, FRO is a bad performer in the overall market: 65% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month FRO has a been trading in the 18.26 - 21.06 range, which is quite wide. It is currently trading near the high of this range.
FRO has an average volume of 2353180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FRO is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, FRO did better than 45% of them.
FRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRO is lagging the market.
Although FRO has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
17.91
21.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.75 to 19.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.42 from a horizontal line in the daily time frame.
- Support @18.09 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.91 to 20.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 35.79 | 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) | UP | POSITIVE | The current price of FRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.97 | NEUTRAL | The RSI value for FRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests FRO has a positive trend. |
| Stochastics (14,3) | 91.36 | OVERBOUGHT | The high Stochastics value suggests FRO may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for FRO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.57 | NEGATIVE | The low ADX value for FRO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.9
+0.18 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.87%
1 Week1.6%
2 Weeks11.23%
1 Month11.17%
3 Month14.33%
6 Month30.22%
12 Month-13.42%
2 Year18.62%
3 Year76.22%
5 Year162.56%
10 Year-68.57%
15 Year-96.85%
Volatility
ATR(14)0.57
ATR(20)%3.31%
ATR Inc-10%
Range Today0.75
ADR(20)0.6
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.79
Mansfield0.57
10 Day High21.06
10 Day Low18.43
20 Day High21.06
20 Day Low18.26
52 Week High25.68
52 Week Low12.4
CS1 End19.06
CR1 Start20.91
Volume & EV
DER(3)2.71%
DER(5)1.27%
Volume4.18M
Volume Incr21.8%
Vol(5)2.61M
Vol(50)2.35M