FRONTLINE PLC (FRO) Stock Technical Analysis
NYSE:FRO - New York Stock Exchange, Inc. - CY0200352116 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FRO. FRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FRO is a bad performer in the overall market: 77% of all stocks are doing better.
FRO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
FRO has an average volume of 3167550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FRO is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 49% of 212 stocks in the same industry.
In the last month FRO has a been trading in the 12.40 - 16.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FRO has a poor technical rating and the quality of the setup is also only medium 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
15.16
18.75
When analyzing the support we notice one important area.
- A support zone ranging from 15.31 to 15.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @16.60 from a horizontal line in the daily time frame.
- Resistance @16.88 from a horizontal line in the daily time frame.
- Resistance @17.21 from a trend line in the daily time frame.
- Resistance @18.56 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.56
Mansfield-1.98
10 Day High15.52
10 Day Low12.4
20 Day High16.66
20 Day Low12.4
52 Week High29.39
52 Week Low12.4
Performance
1 Week10.05%
2 Weeks7.67%
1 Month-8.53%
3 Month-11.06%
6 Month-30.17%
12 Month-33.16%
2 Year-0.19%
3 Year85.35%
5 Year64.96%
10 Year-75.87%
15 Year-98.31%
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)52.21
LBB13.04
UBB15.98
15.44
+0.67 (+4.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.54%
1 Week10.05%
2 Weeks7.67%
1 Month-8.53%
3 Month-11.06%
6 Month-30.17%
12 Month-33.16%
2 Year-0.19%
3 Year85.35%
5 Year64.96%
10 Year-75.87%
15 Year-98.31%
Volatility
ATR(14)0.91
ATR(20)%5.25%
ATR Inc-40.76%
Range Today0.43
ADR(20)0.62
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.56
Mansfield-1.98
10 Day High15.52
10 Day Low12.4
20 Day High16.66
20 Day Low12.4
52 Week High29.39
52 Week Low12.4
CS1 End15.43
CR1 Start16.6
Volume & EV
DER(3)4.18%
DER(5)3.91%
Volume1.96M
Volume Incr-22.77%
Vol(5)2.61M
Vol(50)3.17M