Frontline (FRO, $25.68) price may drop as it broke higher Bollinger Band on Oct 07, 2024

#OilGasPipelines, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap
FRO - Frontline Plc
Bollinger signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $25.68
Daily change: +$1.17 (+4.77%)
Daily volume: 2.3M
Industry: Oil & Gas Pipelines

This price move could be a signal that FRO may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 53 similar cases where FRO's price broke its higher Bollinger Band, and 42 of them led to a successful outcome. Odds of Success: 79%.