Centurylink (CTL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CTL -
We assign a technical rating of 6 out of 10 to CTL. CTL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CTL has only a medium technical rating, but it does show a decent setup pattern. 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
9.41
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.
2 important resistance areas can be observed.
- 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.
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. |
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 trade has a worst case loss of 0.61 points, which is 5.50%. | When investing 18.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
11
0 (0%)
Centurylink / CTL 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.