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Frontier: Key Technical Levels before Its Q1 Results

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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.

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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