Technical Analysis for FRO - Frontline Ltd.

Grade Last Price % Change Price Change
C 24.96 -3.11% -0.80
FRO closed down 3.11 percent on Monday, July 1, 2024, on 1.53 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Gapped Down Weakness 0.00%
Fell Below 20 DMA Bearish -3.11%
Outside Day Range Expansion -3.11%
Overbought Stochastic Strength -3.11%
MACD Bullish Signal Line Cross Bullish -4.99%
NR7 Range Contraction -4.99%
Narrow Range Bar Range Contraction -4.99%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago
3x Volume Pace about 10 hours ago
5x Volume Pace about 10 hours ago
Gapped Down (Full) about 10 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 28.6826
52 Week Low 13.126
Average Volume 1,445,191
200-Day Moving Average 21.79
50-Day Moving Average 25.42
20-Day Moving Average 25.65
10-Day Moving Average 25.45
Average True Range 0.77
RSI (14) 44.44
ADX 20.68
+DI 23.84
-DI 37.30
Chandelier Exit (Long, 3 ATRs) 25.83
Chandelier Exit (Short, 3 ATRs) 25.95
Upper Bollinger Bands 27.26
Lower Bollinger Band 24.04
Percent B (%b) 0.29
BandWidth 12.54
MACD Line -0.07
MACD Signal Line -0.04
MACD Histogram -0.0315
Fundamentals Value
Market Cap 5.56 Billion
Num Shares 223 Million
EPS 3.52
Price-to-Earnings (P/E) Ratio 7.09
Price-to-Sales 2.59
Price-to-Book 2.23
PEG Ratio 0.00
Dividend 2.57
Dividend Yield 10.30%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.82
Resistance 3 (R3) 25.78 25.47 25.67
Resistance 2 (R2) 25.47 25.25 25.48 25.62
Resistance 1 (R1) 25.21 25.11 25.06 25.25 25.58
Pivot Point 24.90 24.90 24.82 24.91 24.90
Support 1 (S1) 24.64 24.68 24.49 24.68 24.34
Support 2 (S2) 24.33 24.54 24.34 24.30
Support 3 (S3) 24.07 24.33 24.25
Support 4 (S4) 24.11