Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
80/100 Green
Prior entry (1 Aug 2026): 80/100 → Green. Unchanged.
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: 7.25)✗ +20
Volatility · 10/10
ATR vs 50d avg(stable, visual estimate)✓ +10
Note: Unchanged from the 1 August read — still 80/Green. Trend intact above both SMAs ($37.66 50-day, $29.77 250-day). Momentum bullish (MACD above signal, ROC +2.98), though ADX at 7.25 — again the lowest reading in this batch — confirms there’s no trend-strength conviction behind the move. Volatility eases back from its June peak, still contained.
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 holds its Green score for a second consecutive week. The trend backdrop remains fully intact, with price comfortably above both moving averages and the 50/250 spread still widening. Momentum stays on the bullish side of the ledger, MACD holding above signal with ROC printing a modest positive read. ADX at 7.25 is the single lowest trend-strength reading across the entire coverage list this week — this is a market drifting higher on low conviction rather than trending with force. Volatility has eased noticeably off its June highs, removing what had briefly been a watch item. No change in stance warranted.