QWEST CORPORATION (CTQ) Stock Technical Analysis
NYSE:CTQ • US74913G2049
Taking everything into account, CTQ scores 1 out of 10 in our technical rating. CTQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the performance of all stocks over the past year, CTQ turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- CTQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTQ is lagging the market.
- In the last month CTQ has a been trading in a tight range between 25.42 and 25.98.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CTQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
24.50
2 important support areas can be observed.
- Support @25.34 from a trend line in the daily time frame.
- A support zone ranging from 24.75 to 24.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.43 to 26.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.59 to 26.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CTQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTQ is down. |
| ChartMill Relative Strength | 40.53 | NEUTRAL | CTQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.93 | OVERSOLD | The low RSI value suggests CTQ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CTQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.79 | OVERSOLD | The low Stochastics value suggests CTQ may be oversold. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for CTQ suggests low volalility. |
25.42
-0.02 (-0.08%)
QWEST CORPORATION / CTQ FAQ
What is the technical rating for CTQ stock?
ChartMill assigns a technical rating of 1 / 10 to CTQ.
What is the current trend direction of QWEST CORPORATION (CTQ) stock?
The current trend direction for QWEST CORPORATION (CTQ) is Bearish.
Can you provide the RSI signal for QWEST CORPORATION?
QWEST CORPORATION (CTQ) has an RSI value of 27.9326. This indicates that the stock is currently oversold.
Can you provide the MACD signal for QWEST CORPORATION?
The MACD indicator for QWEST CORPORATION (CTQ) has a value of -0.00148591, indicating a bearish trend.
What is the support and resistance level for CTQ stock?
QWEST CORPORATION (CTQ) has a support level at 25.34 and a resistance level at 25.43. Check the full technical report for our detailed analysis of CTQ support and resistance levels.