FRONTIER GROUP HOLDINGS INC (ULCC) Technical Analysis
NASDAQ:ULCC • US35909R1086
Current stock price
ULCC Technical Rating and Analysis
Taking everything into account, ULCC scores 0 out of 10 in our technical rating. ULCC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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 yearly performance of all stocks, ULCC is a bad performer in the overall market: 93% of all stocks are doing better.
- ULCC is one of the lesser performing stocks in the Passenger Airlines industry. 76% of 22 stocks in the same industry do better.
- ULCC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ULCC is lagging the market.
- In the last month ULCC has a been trading in the 3.31 - 5.53 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ULCC has an average volume of 3943710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ULCC Weekly and Daily overview Charts
ULCC Setup Rating and Analysis
ULCC has a poor technical rating and the quality of the setup is also 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
ULCC Support and Resistance Analysis
3.08
When analyzing the support we can see 2 important areas.
- Support @3.16 from a horizontal line in the weekly time frame.
- Support @3.11 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @6.25 from a trend line in the weekly time frame.
ULCC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for ULCC is down. |
| ChartMill Relative Strength | 7.5 | NEGATIVE | ULCC has a low relative strength, it was outperformed by 92.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ULCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULCC is below a declining 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) | 27.78 | OVERSOLD | The low RSI value suggests ULCC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ULCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.77 | OVERSOLD | The low Stochastics value suggests ULCC may be oversold. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.28 | POSITIVE | The high ADX value value for ULCC suggests a strong trend. |
ULCC Chart- and CandleStick Pattern Analysis
ULCC Technicals: Chart, Performance Metrics, Trend & Indicators
3.37
-0.03 (-0.88%)
FRONTIER GROUP HOLDINGS INC / ULCC TA FAQ
Can you provide the ChartMill technical rating for FRONTIER GROUP HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to ULCC.
Can you provide the trend direction for FRONTIER GROUP HOLDINGS INC?
The current trend direction for FRONTIER GROUP HOLDINGS INC (ULCC) is Bearish.
What is the RSI signal for ULCC stock?
FRONTIER GROUP HOLDINGS INC (ULCC) has an RSI value of 27.7812. This indicates that the stock is currently oversold.
Can you provide the short term momentum for FRONTIER GROUP HOLDINGS INC?
The short term momentum for FRONTIER GROUP HOLDINGS INC (ULCC) is negative.
What is the buy/sell signal for FRONTIER GROUP HOLDINGS INC (ULCC) stock?
The buy/sell signal for FRONTIER GROUP HOLDINGS INC (ULCC) is sell as both the short term and long term trends are negative.