Centurylink (CTL) Technical Analysis
NYSE:CTL
Current stock price
CTL Technical Rating and Analysis
Overall CTL gets a technical rating of 6 out of 10. In the last year, CTL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CTL has an average volume of 11419200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CTL turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- CTL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTL is lagging the market slightly.
- In the last month CTL has a been trading in the 10.49 - 11.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTL Weekly and Daily overview Charts
CTL Setup Rating and Analysis
Although the technical rating is only medium, CTL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CTL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CTL Support and Resistance Analysis
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We found 4 important support areas.
- A support zone ranging from 10.47 to 10.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.13 from a trend line in the daily time frame.
- A support zone ranging from 9.75 to 9.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.50 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @11.08 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.37 to 11.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
CTL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CTL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTL is up. |
| ChartMill Relative Strength | 45.54 | NEUTRAL | CTL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.27 | NEUTRAL | The RSI value for CTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.57 | NEUTRAL | The Stochastics value for CTL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for CTL suggests some volalility. |
CTL Chart- and CandleStick Pattern Analysis
CTL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.09 | 10.48 | 0.61 (5.50%) | 18.18% |
| An entry @11.09. This is a Buy Stop order right above the resistance zone. | An exit @10.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.61 points, which is 5.50%. | For a 1.00% total portfolio risk, you can invest 18.18% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CTL Technicals: Chart, Performance Metrics, Trend & Indicators
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Centurylink / CTL TA FAQ
Can you provide the ChartMill technical rating for Centurylink?
ChartMill assigns a technical rating of 6 / 10 to CTL.
What is the trend direction for CTL stock?
The current trend direction for Centurylink (CTL) is Bearish.
Can you provide the RSI signal for Centurylink?
Centurylink (CTL) has an RSI value of 55.2683. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Centurylink?
The MACD indicator for Centurylink (CTL) has a value of -0.0167064, indicating a bearish trend.
What is the support and resistance level for CTL stock?
Centurylink (CTL) has a support level at 10.95 and a resistance level at 11.08. Check the full technical report for our detailed analysis of CTL support and resistance levels.