FRONTLINE PLC (FRO) Stock Technical Analysis
NYSE:FRO - New York Stock Exchange, Inc. - CY0200352116 - Common Stock - Currency: USD
Overall FRO gets a technical rating of 6 out of 10. In the last year, FRO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
74% of all other stocks performed better in the past year than FRO.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month FRO has a been trading in the 16.11 - 18.60 range, which is quite wide. It is currently trading near the high of this range.
FRO has an average volume of 2938470 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 213 other stocks in this industry, FRO did better than 53% of them.
FRO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRO is lagging the market slightly.
FRO has an average technical rating and the quality of the presented setup is also not ideal 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
17.01
18.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.96 to 18.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.35 to 18.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.70 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for FRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRO is up. |
| ChartMill Relative Strength | 26.26 | NEGATIVE | FRO has a low relative strength, it was outperformed by 73.74% off all stocks 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 | NEGATIVE | The current price of FRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.2 | NEUTRAL | The RSI value for FRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.07 | NEUTRAL | The Stochastics value for FRO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for FRO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for FRO suggests a strong 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)
18.34
+1.16 (+6.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.75%
1 Week0.11%
2 Weeks5.71%
1 Month10.75%
3 Month10.88%
6 Month-6.19%
12 Month-35.76%
2 Year29.79%
3 Year89.46%
5 Year100.88%
10 Year-71.57%
15 Year-97.77%
Volatility
ATR(14)0.56
ATR(20)%3.13%
ATR Inc57.39%
Range Today0.88
ADR(20)0.49
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.26
Mansfield-0.87
10 Day High18.6
10 Day Low17.14
20 Day High18.6
20 Day Low16.11
52 Week High29.39
52 Week Low12.4
CS1 End18.33
CR1 Start18.35
Volume & EV
DER(3)-4.51%
DER(5)-2.22%
Volume4.70M
Volume Incr4.45%
Vol(5)2.74M
Vol(50)2.94M