FRONTIER GROUP HOLDINGS INC (ULCC) Technical Analysis
NASDAQ:ULCC • US35909R1086
Current stock price
ULCC Technical Rating and Analysis
Taking everything into account, ULCC scores 1 out of 10 in our technical rating. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 69% of all other stocks performed better in the past year than ULCC.
- ULCC is one of the lesser performing stocks in the Passenger Airlines industry. 66% of 22 stocks in the same industry do better.
- 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 3.02 - 4.16 range, which is quite wide. It is currently trading near the high of this range.
- ULCC has an average volume of 4611540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3 important support areas can be observed.
- Support @3.80 from a trend line in the daily time frame.
- Support @3.40 from a horizontal line in the daily time frame.
- Support @3.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.98 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 | NEUTRAL | NEUTRAL | The short term trend for ULCC is neutral. |
| ChartMill Relative Strength | 31.59 | 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) | 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) | 55.47 | NEUTRAL | The RSI value for ULCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ULCC has a positive trend. |
| Stochastics (14,3) | 60.24 | NEUTRAL | The Stochastics value for ULCC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for ULCC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for ULCC suggests a possible start of a new trend. |
ULCC Chart- and CandleStick Pattern Analysis
ULCC Technicals: Chart, Performance Metrics, Trend & Indicators
3.96
+0.22 (+5.88%)
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 1 / 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 FRONTIER GROUP HOLDINGS INC (ULCC) stock?
FRONTIER GROUP HOLDINGS INC (ULCC) has an RSI value of 55.4709. This indicates that the stock is currently neutral.
What is the MACD signal for FRONTIER GROUP HOLDINGS INC (ULCC) stock?
The MACD indicator for FRONTIER GROUP HOLDINGS INC (ULCC) has a value of 0.0915059, indicating a bearish trend.
What is the short term momentum for FRONTIER GROUP HOLDINGS INC (ULCC) stock?
The short term momentum for FRONTIER GROUP HOLDINGS INC (ULCC) is neutral.