USA - New York Stock Exchange - NYSE:FRO - CY0200352116 - Common Stock
Overall FRO gets a technical rating of 9 out of 10. FRO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although FRO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
20.58
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | 85.26 | POSITIVE | FRO has a high relative strength, it outperformed 85.26% 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) | UP | POSITIVE | The current price of FRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.72 | NEUTRAL | The RSI value for FRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests FRO has a positive trend. |
| Stochastics (14,3) | 95.82 | OVERBOUGHT | The high Stochastics value suggests FRO may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for FRO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.51 | NEUTRAL | The ADX value for FRO suggests a possible start of a new trend. |
24.98
+0.55 (+2.25%)
ChartMill assigns a technical rating of 9 / 10 to FRO.
The current trend direction for FRONTLINE PLC (FRO) is Bearish.
FRONTLINE PLC (FRO) has an RSI value of 65.723. This indicates that the stock is currently neutral.
The MACD indicator for FRONTLINE PLC (FRO) has a value of 0.405964, indicating a bearish trend.
FRONTLINE PLC (FRO) has a support level at 20.79 and a resistance level at 25.16. Check the full technical report for our detailed analysis of FRO support and resistance levels.