FRONTLINE PLC (FRO) Stock Technical Analysis
NYSE:FRO - New York Stock Exchange, Inc. - CY0200352116 - Common Stock - Currency: USD
Overall FRO gets a technical rating of 1 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FRO is a bad performer in the overall market: 73% 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 3435470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FRO is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, FRO did better than 53% of them.
In the last month FRO has a been trading in the 15.21 - 18.35 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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.74. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
15.16
26.53
3 important support areas can be observed.
- A support zone ranging from 16.05 to 16.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.57 from a trend line in the daily time frame.
- Support @15.31 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 16.74 to 17.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.84 from a horizontal line in the weekly time frame.
- Resistance @18.15 from a trend line in the daily time frame.
- A resistance zone ranging from 18.70 to 18.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.83 from a trend line in the weekly time frame.
- Resistance @26.27 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.96
Mansfield-2.55
10 Day High16.92
10 Day Low15.21
20 Day High18.35
20 Day Low15.21
52 Week High29.39
52 Week Low13.17
Performance
1 Week3.3%
2 Weeks0.24%
1 Month-7.58%
3 Month8.44%
6 Month-25.38%
12 Month-28.53%
2 Year0.12%
3 Year88.41%
5 Year72.53%
10 Year-70.39%
15 Year-97.83%
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)-0.06
RSI(14)49.81
LBB15.16
UBB17.59
16.58
+0.39 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.41%
1 Week3.3%
2 Weeks0.24%
1 Month-7.58%
3 Month8.44%
6 Month-25.38%
12 Month-28.53%
2 Year0.12%
3 Year88.41%
5 Year72.53%
10 Year-70.39%
15 Year-97.83%
Volatility
ATR(14)0.73
ATR(20)%4.3%
ATR Inc-18.04%
Range Today0.59
ADR(20)0.64
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.96
Mansfield-2.55
10 Day High16.92
10 Day Low15.21
20 Day High18.35
20 Day Low15.21
52 Week High29.39
52 Week Low13.17
CS1 End16.08
CR1 Start16.74
Volume & EV
DER(3)1.1%
DER(5)0.02%
Volume2.86M
Volume Incr25.43%
Vol(5)3.74M
Vol(50)3.44M