Frontier Communications Technical Analysis (NASDAQ:FTR)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. The Frontier Communications stock price data and volume are plotted in FTR stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Frontier Communications. The technical analysis form of Frontier Communications stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Frontier Communications Moving Average:
Moving averages help predict the price direction of FTR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Frontier Communications are mostly signals of long term trends and will help long term traders.
Frontier Communications Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Frontier Communications stock price relative to previous trades. The stock price is trading between the average and the upper band in the context of Frontier Communications bollinger bands.
Frontier Communications Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Frontier Communications MACD indicator is below 0 indicating a bearish trend.
Frontier Communications Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of FTR stock is 39.98. .