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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Frontline Plc Ordinary Shares (NYSE:FRO)

Sidelines Mode (+55) - FRO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid FRO?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_FRO
Open High Low FRO Price Change
23.670 23.700 22.770 22.885 -1.155
Entry Signal

MarketClub’s Trade Triangles for FRO

long term up The long-term trend has been UP since Aug 3rd, 2023 at 17.030

intermediate term up The intermediate-term trend has been UP since Jan 5th, 2024 at 21.535

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 23.850

Smart Scan Analysis for FRO

Based on our trend formula, FRO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.670 23.700 22.770 22.885 -1.155
Prev. Close Volume Bid Ask Time
24.040 2486800 2024-04-18 15:59:34
Year High8.33Year High Date2018-11-29
Year Low3.79Year Low Date2018-02-09
52wk High25.13552wk High Date2024-04-12
52wk Low13.3552wk Low Date2023-06-27
Year End Close3.26Average Volume1,663,987
Shares Outstanding197,692Short Interest9,309,983
% Institutional18.6Market Cap1,651M
Assets460,001,500MLiabilities237,366,300M
P/E Ratio14.7009Beta2.51
Volatility76.23
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