Frontline (FRO, $25.03) RSI Indicator left the overbought zone on October 08, 2024

#OilGasPipelines, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap
FRO - Frontline Plc
RSI signal
Bearish Trend
78%
Odds of DOWN Trend
Price: $25.03
Daily change: -$0.65 (-2.53%)
Daily volume: 2.1M
Industry: Oil & Gas Pipelines

This is a signal that FRO's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 36 similar cases where FRO's RSI Indicator left the overbought zone, and in 28 of them led to a successful outcome. Odds of Success: 78%.