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How Frontier Communications’ Key Technicals Look

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May. 7 2019, Published 2:52 p.m. ET

Moving averages

In this part, we’ll look at Frontier Communications’ (FTR) technical aspects and compare them to its peers. Recently, Frontier fell below its 20-day moving average, which indicates a bearish sentiment in its stock. On May 6, Frontier stock closed the trading day at $2.12. Based on this figure, the stock was trading 13.5% below its 20-day moving average of $2.45, 14.9% below its 50-day moving average of $2.49, and 12.8% below its 100-day moving average of $2.43.

In comparison, CenturyLink (CTL) was trading 15.9% below its 100-day moving average, while Comcast (CMCSA) was trading 12.9% above its 100-day moving average. Charter Communications (CHTR) was trading 13.2% above its 100-day moving average.

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Relative strength index

As of May 6, Frontier had a 14-day RSI (relative strength index) score of 40, which implies investors are neutral toward the stock. CenturyLink, Comcast, and Charter had 14-day RSI scores of 41, 67, and 75, 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 suggests an overbought status. A score of ~50 denotes no buying or selling trend.

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