FRO NEWS why is Frontline Ltd. price falling or rising

FRO NEWS reasons for why stock price of Frontline Ltd. is falling or rising

FRO Frontline is falling or rising technical reasons

Technical analysis forecast for Frontline Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Frontline FRO at this time. Stock is falling and might fall more.

It appears as if Frontline FRO gave a large move recently.

Stock of Frontline (FRO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Frontline is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.4 as stoploss in an intra day buy trade for a target of 19.91. However, stock will show a bearish move below 19.4.

FRO Frontline is falling or rising NEWS fundamental reasons

More announcements and NEWS

FRO Frontline Ltd. current price & indicator signals

Moving Averages for Frontline Ltd.

  • 5Day Average: 20
  • 12Day Average: 19.51
  • 20Day Average: 19.45
  • 50Day Average: 21.49
  • 100Day Average: 22.53
  • 150Day Average: 23.72
  • 200Day Average: 23.61

FRO Indicators & signals

Indicator MACD (12,26,9)

19.7, 20.15, -0.65
Indicator MACD is in negative zone

Indicator ADX (14)

15, 26.15, 35.38
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FRO Frontline Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 19.55 19.22 to 19.67 0.1% 0.69 times
21 Thu Nov 2024 19.53 19.36 to 19.82 -3.6% 0.91 times
20 Wed Nov 2024 20.26 20.12 to 20.50 -1.17% 0.89 times
19 Tue Nov 2024 20.50 20.11 to 20.64 1.59% 0.84 times
18 Mon Nov 2024 20.18 19.61 to 20.22 4.94% 1.04 times
15 Fri Nov 2024 19.23 19.19 to 19.73 -2.78% 0.93 times
14 Thu Nov 2024 19.78 19.61 to 20.04 2.43% 1.43 times
13 Wed Nov 2024 19.31 18.86 to 19.50 4.15% 1.37 times
12 Tue Nov 2024 18.54 18.26 to 18.73 -1.85% 1.04 times
11 Mon Nov 2024 18.89 18.80 to 19.00 -0.58% 0.57 times
08 Fri Nov 2024 19.00 18.66 to 19.45 -1.86% 0.96 times
07 Thu Nov 2024 19.36 19.24 to 19.55 2.22% 0.95 times

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FRO NEWS why is Frontline Ltd. price falling or rising

 

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