FRONTIER ACQUISITION CORP-A (FRON) Technical Analysis
NASDAQ:FRON • KYG368261080
Current stock price
FRON Technical Rating and Analysis
Overall FRON gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FRON is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by FRON over the past year are nicely spread over this period.
- FRON is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FRON is leading 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
We found 2 important support 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.
When analyzing the resistance we notice one important 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.
What is the trend direction for FRON stock?
The current trend direction for FRONTIER ACQUISITION CORP-A (FRON) is Bullish.
What is the RSI signal for FRON stock?
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 FRON stock?
The MACD indicator for FRONTIER ACQUISITION CORP-A (FRON) has a value of -0.00480472, indicating a bearish trend.
What is the short term momentum for FRON stock?
The short term momentum for FRONTIER ACQUISITION CORP-A (FRON) is positive.