Is Frontline Plc technically bullish or bearish?
As of April 17, 2025, Frontline Plc's trend is mildly bearish, influenced by daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly charts.
As of 17 April 2025, the technical trend for Frontline Plc has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. While the weekly MACD and KST are bullish, the overall trend remains constrained by the bearish signals from the monthly indicators. The Bollinger Bands reflect a mildly bullish sentiment on the weekly chart but are also mildly bearish on the monthly, further supporting the neutral to bearish outlook. The Dow Theory shows no trend on the weekly but is mildly bullish on the monthly, indicating some mixed signals. Overall, the strength of the bearish stance is moderate, influenced by the daily moving averages and the monthly MACD.
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