FRONTIER GROUP HOLDINGS INC (ULCC) Stock Technical Analysis
NASDAQ:ULCC - Nasdaq - US35909R1086 - Common Stock - Currency: USD
Taking everything into account, ULCC scores 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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 part of the Passenger Airlines industry. There are 23 other stocks in this industry, of which 77% are performing better than ULCC.
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.
ULCC has an average volume of 4201850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ULCC has a been trading in the 2.89 - 4.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ULCC has a poor technical rating and the quality of the setup is also not perfect 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
2.96
4.22
We found 3 important support areas.
- A support zone ranging from 3.68 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.11 from a horizontal line in the weekly time frame.
- Support @2.99 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.04 to 4.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.18 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 | DOWN | NEGATIVE | The long term trend for ULCC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ULCC is neutral. |
| ChartMill Relative Strength | 7.75 | NEGATIVE | ULCC has a low relative strength, it was outperformed by 92.25% 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) | DOWN | NEGATIVE | The current price of ULCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ULCC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.68 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 52.98 | NEUTRAL | The Stochastics value for ULCC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.38 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 25 | 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)
3.75
+0.02 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.54%
1 Week-8.31%
2 Weeks0.54%
1 Month16.1%
3 Month-52.77%
6 Month-33.04%
12 Month-34.33%
2 Year-54.43%
3 Year-65.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%7.38%
ATR Inc-11.9%
Range Today0.16
ADR(20)0.26
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.75
Mansfield-3.25
10 Day High4.5
10 Day Low3.65
20 Day High4.5
20 Day Low2.89
52 Week High10.26
52 Week Low2.79
CS1 End3.74
CR1 Start4.04
Volume & EV
DER(3)-4.82%
DER(5)-2.22%
Volume2.91M
Volume Incr-29.26%
Vol(5)3.07M
Vol(50)4.20M