CenturyLink’s moving averages
Recently, CenturyLink (CTL) went below its short-term (20-day) moving average, which indicates a bearish sentiment for the company. On September 27, CTL stock closed the trading day at $20.89. Based on that, it was trading 5.6% below its 20-day moving average of $22.13, 1.6% below its 50-day moving average of $21.24, and 4.6% above its 100-day moving average of $19.98.
Relative strength index
On September 27, CenturyLink had a 14-day RSI (relative strength index) score of 39 compared to Frontier’s at 65 and Windstream’s at 54. The scores for AT&T (T) and Verizon (VZ) were 56 and 48, respectively.
A stock’s 14-day RSI score is measured on a scale of zero to 100. A score of 70 denotes that a stock is overbought, and a score lower than 30 indicates that it’s oversold. A stock trading between 30 and 70 suggests a balanced trading activity.