Moving averages

Recently, CenturyLink (CTL) fell below its 20-day moving average, which suggests bearish sentiment in the company. On April 18, CenturyLink stock closed the trading day at $12.14. Based on the figure, the stock was trading 1.0% below its 20-day moving average of $12.26, 4.0% below its 50-day moving average of $12.65, and 15.9% below its 100-day moving average of $14.43.

In comparison, Charter Communications (CHTR) was trading 9.8% above its 100-day moving average, while Comcast (CMCSA) was trading 12.1% above its 100-day moving average. Frontier Communications (FTR) was trading 0.4% above its 100-day moving average.

CenturyLink: Key Technical Levels before Its Q1 Results

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

Relative strength index

On April 18, CenturyLink had a 14-day RSI (relative strength index) score of 45, which suggests that investors are neutral toward the stock. Charter Communications, Comcast, and Frontier Communications’ 14-day RSI scores are 62, 74, and 55, respectively.

A stock’s RSI level is measured on a scale of zero to 100. A level under 30 suggests that a stock is oversold, while a level over 70 indicates that a stock is overbought.

Latest articles

Marathon Petroleum (MPC) stock has been tumbling in Q3, driven by geopolitical tensions, oil price uncertainty, and weaker refining conditions.

This week, AT&T CEO Randall Stephenson noted that AT&T (T) is on track to reduce its leverage multiple to about 2.5x by the end of this year.

Jeff Bezos announced that Amazon had placed an order of 100,000 electric delivery vans from Michigan-based startup Rivian.

Bad news on the trade war front appears to have led to a fall in the broader US equity markets today. Cannabis ETFs were also trading in the red.

Energy Transfer (ET) stock has recovered in the last two trading sessions after investors hammered it on its plans to acquire SemGroup (SEMG).

Software-as-a-service company Datadog (DDOG) made a smashing debut on Wall Street yesterday. After its IPO, DDOG's shares surged 40% in intraday trading.