FRONTIER GROUP HOLDINGS INC (ULCC) Stock Technical Analysis
NASDAQ:ULCC - Nasdaq - US35909R1086 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ULCC. In the past year, ULCC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
ULCC is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 71% are performing better than ULCC.
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.
In the last month ULCC has a been trading in the 3.24 - 4.53 range, which is quite wide. It is currently trading near the high of this range.
ULCC has an average volume of 3794920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, ULCC turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
ULCC has an average technical rating and it also does not offer a high quality setup 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
4.41
When analyzing the support we can see 4 important areas.
- Support @3.60 from a horizontal line in the daily time frame.
- Support @3.54 from a trend line in the daily time frame.
- Support @3.45 from a trend line in the weekly time frame.
- Support @3.11 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @4.17 from a horizontal line in the weekly time frame.
- Resistance @4.37 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for ULCC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ULCC is up. |
| ChartMill Relative Strength | 59.06 | 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) | DOWN | NEGATIVE | The current price of ULCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.9 | NEUTRAL | The RSI value for ULCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ULCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.64 | NEUTRAL | The Stochastics value for ULCC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.22 | NEUTRAL | The ADX value for ULCC suggests a possible start of a new 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)
4.16
-0.2 (-4.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-4.59%
1 Week0.24%
2 Weeks15.24%
1 Month7.22%
3 Month23.44%
6 Month-49.27%
12 Month-2.12%
2 Year-55.27%
3 Year-71.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%5.81%
ATR Inc68.6%
Range Today0.17
ADR(20)0.23
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.06
Mansfield-2.7
10 Day High4.53
10 Day Low3.57
20 Day High4.53
20 Day Low3.24
52 Week High10.26
52 Week Low2.79
CS1 End3.6
CR1 Start4.17
Volume & EV
DER(3)0.63%
DER(5)-1.65%
Volume2.28M
Volume Incr-19.78%
Vol(5)3.26M
Vol(50)3.79M