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FRO Stock Frontline (FRO, $23.34) Moving Average Convergence Divergence (MACD) Histogram turned negative on August 28, 2024

A.I.dvisor
at Tickeron.com
08/29/24
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FRO - Frontline Plc
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $23.34
Daily change: -$0.53 (-2.22%)
Daily volume: 1.2M
Capitalization: $5.2B
Industry: Oil & Gas Pipelines
This is a Bearish indicator signaling FRO's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 47 similar cases where FRO's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

FRO sees MACD Histogram just turned negative

FRO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 28, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

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FRO
Daily Signalchanged days ago
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

an operator of oil tankers

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
8, John Kennedy Street
Phone
+357 25 588767
Employees
78
Web
https://www.frontlineplc.cy