FRONTIER ACQUISITION CORP (FRONU) Stock Technical Analysis
NASDAQ:FRONU - KYG368261163
10.15 USD
-0.01 (-0.1%)
Taking everything into account, FRONU scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRONU is showing a nice and steady performance.
Warning: FRONU has an average volume of 16638 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that FRONU is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, FRONU also shows a nice and consistent pattern of rising prices.
FRONU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FRONU is lagging the market slightly.
In the last month FRONU has a been trading in a tight range between 10.15 and 10.25.
Considerably lower volume is observed in the last couple of days.
Although FRONU has an excellent technical rating, the quality of the presented setup is 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
9.65
10.36
We found 1 important support area.
- A support zone ranging from 9.75 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.18 to 10.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 FRONU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRONU is neutral. |
| ChartMill Relative Strength | 79.2 | POSITIVE | FRONU has a high relative strength, it outperformed 79.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRONU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRONU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRONU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.21 | NEUTRAL | The RSI value for FRONU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FRONU has a negative trend. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests FRONU may be oversold. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for FRONU suggests low volalility. |
| Average Directional Index/ADX (14) | 38.58 | POSITIVE | The high ADX value value for FRONU 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)
NASDAQ:FRONU (3/15/2023, 8:00:00 PM)
10.15
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.1%
1 Week-0.68%
2 Weeks-0.39%
1 Month0.4%
3 Month0.79%
6 Month2.63%
12 Month3.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.2%
ATR Inc-55.91%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
Mansfield0.39
10 Day High10.25
10 Day Low10.15
20 Day High10.25
20 Day Low10.15
52 Week High10.25
52 Week Low9.75
CS1 End10.14
CR1 Start10.18
Volume & EV
DER(3)1.31%
DER(5)0.78%
Volume200
Volume Incr16.64%
Vol(5)4.24K
Vol(50)16.64K