FRONTIER GROUP HOLDINGS INC (ULCC) Stock Technical Analysis
NASDAQ:ULCC - US35909R1086 - Common Stock
4.9 USD
+0.19 (+4.03%)
5.49 USD
+0.59 (+12.04%)
Overall ULCC gets a technical rating of 8 out of 10. ULCC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
ULCC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ULCC has a been trading in the 3.15 - 4.99 range, which is quite wide. It is currently trading near the high of this range.
ULCC has an average volume of 4219060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ULCC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ULCC is an average performer in the Passenger Airlines industry, it outperforms 50% of 23 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ULCC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.08
4.95
3 important support areas can be observed.
- Support @4.78 from a trend line in the daily time frame.
- A support zone ranging from 3.37 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.11 from a horizontal line in the weekly 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 ULCC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ULCC is up. |
| ChartMill Relative Strength | 85.33 | POSITIVE | ULCC has a high relative strength, it outperformed 85.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ULCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ULCC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ULCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.1 | NEUTRAL | The RSI value for ULCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ULCC has a positive trend. |
| Stochastics (14,3) | 88.86 | OVERBOUGHT | The high Stochastics value suggests ULCC may be overbought. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.6 | POSITIVE | The high ADX value value for ULCC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.9
+0.19 (+4.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg4.03%
1 Week7.46%
2 Weeks8.41%
1 Month23.43%
3 Month21.89%
6 Month-31.94%
12 Month34.99%
2 Year-21.97%
3 Year-62.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%7.41%
ATR Inc-32.92%
Range Today0.31
ADR(20)0.34
ADR(20)%6.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.33
Mansfield-1.72
10 Day High4.99
10 Day Low4.08
20 Day High4.99
20 Day Low3.15
52 Week High10.26
52 Week Low2.89
CS1 End4.78
CR1 StartN/A
Volume & EV
DER(3)3.19%
DER(5)4.48%
Volume4.62M
Volume Incr-24.99%
Vol(5)3.86M
Vol(50)4.22M