Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
80/100 Green
First entry on file — no prior week to compare.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 35/35
MACD bullish✓ +20
ROC positive✓ +15
Trend Strength · 0/20
ADX > 25 (value: 8.78)✗ +0
Volatility · 10/10
ATR vs 50d avg (stable, visual estimate)✓ +10
Note: Trend intact above both SMAs ($37.47 50-day, $29.38 250-day) for a full 35/35. Momentum bullish (MACD above signal, ROC +6.61), though ADX at 8.78 — the lowest reading in this batch — confirms there's no real trend strength driving it. ATR sits near its recently-elevated range, not a fresh expansion.
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
Frontline plc (FRO) daily chart with 50/250 SMA, ADX, MACD, ROC, and ATR panels
Frontline's daily chart carries the cleanest trend read in the group — price sits comfortably above both the 50-day ($37.47) and 250-day ($29.38) moving averages for a full trend score. Momentum backs it up, with MACD above signal and ROC at +6.61. The outlier is ADX at 8.78, the lowest reading of any name in this batch — trend strength here is essentially absent despite the clean directional structure, a reminder that the move up has been gradual rather than forceful. ATR sits near its recently-elevated range but isn't showing a fresh spike. This is a name where the trend is real but the conviction behind it, by the ADX read, is the weakest in the fleet.