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CenturyLink’s Technical Indicators Compared to Its Peers

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Moving averages

Recently, CenturyLink (CTL) fell below its 20-day moving average, which suggests bearish sentiment in its stock. On May 24, CenturyLink stock closed the trading day at $10.11. Based on this figure, the stock was trading 7.0% below its 20-day moving average of $10.87, 13.0% below its 50-day moving average of $11.62, and 22.0% below its 100-day moving average of $12.96.

In comparison, Charter Communications (CHTR) was trading 9.1% above its 100-day moving average, while Comcast (CMCSA) was trading 8.2% above its 100-day moving average. Frontier Communications (FTR) was trading 25.3% below its 100-day moving average.

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Relative strength index

On May 24, CenturyLink had a 14-day RSI (relative strength index) score of 36. Charter Communications, Comcast, and Frontier Communications’ 14-day RSI scores were 54, 51, and 32, respectively.

A stock’s RSI score is measured on a scale of zero to 100. If an RSI score is more than 70, it indicates that the company’s stock might fall soon because it has been overbought. An RSI score lower than 30 indicates that the company’s stock might rise soon because it has been oversold.

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