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What Do Frontier Communications’ Moving Averages Suggest?


Jan. 1 2019, Updated 7:32 a.m. ET

Frontier’s moving averages

Recently, Frontier Communications (FTR) went below its short-term (20-day) moving average, which suggests bearish sentiment in the company. On December 27, Frontier Communications stock closed the trading day at $2.25. Based on this figure, the stock was trading 21.3% below its 20-day moving average of $2.86, 41.1% below its 50-day moving average of $3.82, and 53.6% below its 100-day moving average of $4.85.

In comparison, CenturyLink (CTL) was trading 24.9% below its 100-day moving average. Windstream Holdings (WIN) was trading 53.2% below its 100-day moving average.

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Relative strength index

As of December 27, Frontier Communications had a 14-day RSI (relative strength index) score of 23. A stock’s 14-day RSI score is measured on a scale of zero to 100. A score that’s higher than 70 suggests that a stock is overbought. A score that’s lower than 30 suggests that a stock is oversold. A stock trading between a 14-day RSI level of 30 and 70 indicates balanced trading activity.

CenturyLink and Windstream had a 14-day RSI score of 30 and 28, respectively. In the integrated US telecom space, the 14-day RSI score for AT&T (T) and Verizon (VZ) was 36 and 42, respectively.


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