[May 21, 2012] Frontline Down 9.9% Since SmarTrend Downtrend Call (FRO) Tweet May 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Frontline (NYSE:FRO) on April 23rd, 2012 at $5.93. In approximately 4 weeks, Frontline has returned 9.87% as of today's recent price of $5.34. In the past 52 weeks, Frontline share prices have been bracketed by a low of $2.52 and a high of $20.98 and are now at $5.34, 112% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 2.6% while the 50-day MA has declined 0.3%. Frontline Limited owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The Company's vessels are managed by ship management companies. Frontline conducts activities worldwide. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Frontline. Log in and add Frontline (FRO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]