FRONTIER ACQUISITION CORP-A (FRON) Technical Analysis
NASDAQ:FRON • KYG368261080
Current stock price
FRON Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to FRON. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRON is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FRON did better than 80% of all other stocks. On top of that, FRON also shows a nice and consistent pattern of rising prices.
- FRON is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FRON has a been trading in a tight range between 10.16 and 10.22.
- Volume is considerably higher in the last couple of days.
FRON Weekly and Daily overview Charts
FRON Setup Rating and Analysis
FRON has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FRON Support and Resistance Analysis
9.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.04 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.67 to 9.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.18 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FRON Technical Indicator Signal Analysis
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 FRON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRON is up. |
| ChartMill Relative Strength | 80.62 | POSITIVE | FRON has a high relative strength, it outperformed 80.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.14 | NEUTRAL | The RSI value for FRON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRON has a negative trend. |
| Stochastics (14,3) | 9 | OVERSOLD | The low Stochastics value suggests FRON may be oversold. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for FRON suggests low volalility. |
| Average Directional Index/ADX (14) | 48.63 | POSITIVE | The high ADX value value for FRON suggests a strong trend. |
FRON Chart- and CandleStick Pattern Analysis
FRON Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.19 | 10.16 | 0.03 (0.33%) | 25.00% |
| An entry @10.19. This is a Buy Stop order right above the 10 day moving average. | An exit @10.16. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 0.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRON Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FRON (3/15/2023, 8:00:00 PM)
10.17
-0.01 (-0.05%)
FRONTIER ACQUISITION CORP-A / FRON TA FAQ
What is the ChartMill technical rating of FRONTIER ACQUISITION CORP-A (FRON) stock?
ChartMill assigns a technical rating of 9 / 10 to FRON.
Can you provide the trend direction for FRONTIER ACQUISITION CORP-A?
The current trend direction for FRONTIER ACQUISITION CORP-A (FRON) is Bullish.
Can you provide the RSI signal for FRONTIER ACQUISITION CORP-A?
FRONTIER ACQUISITION CORP-A (FRON) has an RSI value of 52.1382. This indicates that the stock is currently neutral.
What is the MACD signal for FRONTIER ACQUISITION CORP-A (FRON) stock?
The MACD indicator for FRONTIER ACQUISITION CORP-A (FRON) has a value of -0.00480472, indicating a bearish trend.
What are the support and resistance levels for FRONTIER ACQUISITION CORP-A (FRON) stock?
FRONTIER ACQUISITION CORP-A (FRON) has a support level at 10.14 and a resistance level at 10.18. Check the full technical report for our detailed analysis of FRON support and resistance levels.