We assign a technical rating of 7 out of 10 to ULCC. ULCC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although ULCC has an excellent technical rating, it does not present a decent entry opportunity 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.
3.08
6 important support areas can be observed.
We found 1 important resistance area.
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 | 56.16 | NEUTRAL | ULCC is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ULCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.47 | NEUTRAL | The RSI value for ULCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ULCC has a positive trend. |
| Stochastics (14,3) | 73.46 | NEUTRAL | The Stochastics value for ULCC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for ULCC suggests a weak or negative trend. |
5.85
+0.53 (+9.96%)
ChartMill assigns a technical rating of 7 / 10 to ULCC.
The current trend direction for FRONTIER GROUP HOLDINGS INC (ULCC) is Bearish.
FRONTIER GROUP HOLDINGS INC (ULCC) has an RSI value of 64.4702. This indicates that the stock is currently neutral.
The short term momentum for FRONTIER GROUP HOLDINGS INC (ULCC) is positive.