Frontier Communications Technical Analysis (NASDAQ:FTR)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The FTR stock chart pattern can give those who understand technical analysis an indication of which way FTR stock is headed, but cannot predict with 100% certainty as to what can happen to the Frontier Communications stock price.
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. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Frontier Communications stock analysis.
Frontier Communications Moving Average
Moving averages show the average price of FTR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $8.1 is below the price of $9.1.
Frontier Communications Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the FTR stock. Frontier Communications bollinger bands show that the stock price is $9.1, upper band is 9.3, lower band is 6.91, and the average is 8.1.
Frontier Communications Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Frontier Communications MACD line is below the signal line.
Frontier Communications Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FTR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.