FRONTIER GROUP HOLDINGS INC (ULCC) Stock Technical Analysis
NASDAQ:ULCC - Nasdaq - US35909R1086 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ULCC. ULCC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
75% of all other stocks performed better in the past year than ULCC.
ULCC is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 76% are performing better than ULCC.
ULCC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ULCC has a been trading in the 3.15 - 4.93 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 3734970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ULCC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.07
4.43
When analyzing the support we notice one important area.
- A support zone ranging from 3.10 to 3.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.95 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.39 from a trend 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 | DOWN | NEGATIVE | The short term trend for ULCC is down. |
| ChartMill Relative Strength | 25.62 | NEGATIVE | ULCC has a low relative strength, it was outperformed by 74.38% 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) | 32.67 | NEUTRAL | The RSI value for ULCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ULCC has a negative trend. |
| Stochastics (14,3) | 9.8 | OVERSOLD | The low Stochastics value suggests ULCC may be oversold. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.16 | 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)
3.32
-0.04 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.04%
1 Week-24.2%
2 Weeks-24.03%
1 Month-23.85%
3 Month-14.43%
6 Month-64.45%
12 Month6.75%
2 Year-47.13%
3 Year-74.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%7.75%
ATR Inc-30.42%
Range Today0.07
ADR(20)0.23
ADR(20)%6.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.62
Mansfield-4.24
10 Day High4.93
10 Day Low3.15
20 Day High4.93
20 Day Low3.15
52 Week High10.26
52 Week Low2.79
CS1 End3.11
CR1 Start3.95
Volume & EV
DER(3)2.26%
DER(5)1.58%
Volume3.51M
Volume Incr88.15%
Vol(5)5.92M
Vol(50)3.73M