Frontier’s moving averages
Recently, Frontier Communications (FTR) went below its 20-day and 100-day moving averages, which suggests a bearish sentiment in the company. On March 21, Frontier Communications stock closed the trading day at $2.41. Based on the figure, the stock was trading 10.1% below its 20-day moving average of $2.68, 1.6% below its 50-day moving average of $2.45, and 18.0% below its 100-day moving average of $2.94.
In comparison, CenturyLink (CTL) was trading 24.1% below its 100-day moving average, while Comcast (CMCSA) was trading 7.6% above its 100-day moving average. Charter Communications (CHTR) was trading 14.4% above its 100-day moving average.
Relative strength index
As of March 21, Frontier Communications had a 14-day RSI (relative strength index) score of 43. CenturyLink, Comcast, and Charter Communications had RSI scores of 39, 64, and 78, respectively.
Investors’ sentiment can be measured on an RSI scale of zero to 100. A score that’s lower than 30 indicates an oversold status, while a score that’s greater than 70 indicates an overbought status. A score of ~50 suggests no selling or buying trend.