12 Apr

Frontier: Key Technical Levels before Its Q1 Results

WRITTEN BY Ambrish Shah

Moving averages

In this part, we’ll discuss Frontier Communications’ (FTR) technical indicators compared to its peers. Recently, Frontier Communications went above its 20-day moving average, which indicates a bullish sentiment in the company. On April 10, Frontier Communications stock closed the trading day at $2.48. Based on this figure, the stock was trading 6.9% above its 20-day moving average of $2.32, 2.5% above its 50-day moving average of $2.42, and 5.3% below its 100-day moving average of $2.62.

In comparison, CenturyLink (CTL) was trading 15.3% below its 100-day moving average, while Comcast (CMCSA) was trading 9.3% above its average. Charter Communications (CHTR) was trading 9.1% above its 100-day moving average.

Frontier: Key Technical Levels before Its Q1 Results

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Relative strength index

As of April 10, Frontier Communications had a 14-day RSI (relative strength index) score of 53, which implies that investors are neutral toward the stock. CenturyLink, Comcast, and Charter had 14-day RSI scores of 51, 66, and 58, respectively.

A stock’s RSI score is measured on a scale of zero to 100. A score below 30 indicates an “oversold” status, while a score above 70 indicates an “overbought” status. A score of ~50 suggests no buying or selling trend.

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