Recently, CenturyLink (CTL) fell below its 20-day moving average, suggesting bearishness. CenturyLink stock closed at $11.68 on May 3, 2.3% below its 20-day moving average of $11.96, 4.0% below its 50-day moving average of $12.17, and 15.1% below its 100-day moving average of $13.76. In comparison, Charter Communications (CHTR) and Comcast (CMCSA) were trading 13.8% and 13.1% above their 100-day moving averages, while Frontier Communications (FTR) was trading 15.6% below its 100-day moving average.
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Relative strength index
CenturyLink’s 14-day RSI (relative strength index) score was 44 on May 3, suggesting investors were neutral toward the stock. Charter’s, Comcast’s, and Frontier’s 14-day RSI scores were 79, 67, and 37, respectively.
A stock’s RSI score is measured on a scale of zero to 100, with scores under 30 suggesting the stock is oversold, and scores over 70 suggesting it is overbought.