Technical Analysis for FRO - Frontline Ltd.

Grade Last Price % Change Price Change
A 18.62 1.64% 0.30
FRO closed up 1.64 percent on Thursday, September 28, 2023, on 1.39 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Walk Strength 1.64%
Inside Day Range Contraction 1.64%
Overbought Stochastic Strength 1.64%
Upper Bollinger Band Touch Strength 1.64%
Stochastic Sell Signal Bearish 1.42%

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Alert Time
Upper Bollinger Band Resistance about 7 hours ago
Possible Pocket Pivot about 7 hours ago
Up 1% about 8 hours ago
Reversed from Down about 9 hours ago
Gap Down Closed about 9 hours ago

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Profile

Frontline Ltd. Description

Frontline Ltd., through its subsidiaries, engages in the ownership and operation of oil tankers. The company provides seaborne transportation of crude oil and oil products, as well as raw materials, such as coal and iron ore. Its very large crude carriers (VLCCs) primarily transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil Port, as well as Suezmax tankers trade in the Atlantic Basin, the Middle East, and Southeast Asia. As of February 21, 2013, the company's tanker fleet consisted of 48 vessels, including 34 VLCCs and 14 Suezmax tankers. It is also involved in the charter, purchase, and sale of vessels. The company has operations in the Bahamas, Bermuda, the Cayman Islands, India, the Isle of Man, Liberia, Norway, the United Kingdom, and Singapore. Frontline Ltd. was founded in 1948 and is based in Hamilton, Bermuda.


Classification

Sector: Industrials
Industry: Shipping & Ports
Keywords: Crude Oil Tanker Ships Maritime Transport Offshore Oil Oil Tanker Seaborne Transportation Oil Products Suezmax Large Crude Carrier Transport Crude Oil

Is FRO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.735
52 Week Low 8.7922
Average Volume 2,230,851
200-Day Moving Average 14.33
50-Day Moving Average 16.54
20-Day Moving Average 16.88
10-Day Moving Average 17.70
Average True Range 0.56
RSI (14) 72.75
ADX 24.36
+DI 29.48
-DI 17.71
Chandelier Exit (Long, 3 ATRs) 17.06
Chandelier Exit (Short, 3 ATRs) 17.19
Upper Bollinger Bands 18.88
Lower Bollinger Band 14.89
Percent B (%b) 0.93
BandWidth 23.68
MACD Line 0.55
MACD Signal Line 0.34
MACD Histogram 0.2044
Fundamentals Value
Market Cap 3.68 Billion
Num Shares 198 Million
EPS 2.68
Price-to-Earnings (P/E) Ratio 6.95
Price-to-Sales 0.88
Price-to-Book 0.74
PEG Ratio 0.00
Dividend 2.00
Dividend Yield 10.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.92
Resistance 3 (R3) 19.79 19.23 19.70
Resistance 2 (R2) 19.23 18.90 19.30 19.63
Resistance 1 (R1) 18.93 18.70 19.08 19.05 19.56
Pivot Point 18.37 18.37 18.45 18.43 18.37
Support 1 (S1) 18.06 18.04 18.22 18.19 17.68
Support 2 (S2) 17.50 17.83 17.57 17.61
Support 3 (S3) 17.20 17.50 17.54
Support 4 (S4) 17.32