Qwest Corp. NT 10/01/54 (CTV) stock RSI 77.56 signaled a sell opportunity

On Thursday, Qwest Corp. NT 10/01/54 (CTV) made the way into the market positive movers list with rising 0.08%. CTV reported a change of 0.12% over the last week and performed 10.48% over the last month while its year to date (YTD) performance revealed an activity trend of 6.54%. The stock’s quarterly performance specifies a shift of 8.71%, and its last twelve month performance is stands at -4.31% while moved 8.67% for the past six months The stock price closed last trading at $25.08. Qwest Corp. NT 10/01/54 (CTV) negotiated 0.09 million shares and maintained an average volume of 0.06 million shares.

Technical Look at Qwest Corp. NT 10/01/54 (CTV): (Is this is BUY or SELL time?)

Moving average technique is used to smooth the data and identify the underlying price trend. Simple BUY signals occur when prices close above the moving average; SELL signals occur when prices fall below the moving average. Qwest Corp. NT 10/01/54 (CTV)’s stock price closed above with 9.00% gap from 200 day simple moving average and its upbeat distance from 50 day simple moving average is 6.94%, while finished with 2.44% Bullish trend from 20 day simple moving average. Moving averages are among the easiest-to-use tools available to market technicians. A simple moving average is calculated by adding the closing prices of a stock over a specified number of time periods, usually days or weeks.

Relative Strength Index (RSI) Analysis:

Relative strength index (RSI-14) for CTV is observed at 77.56. Traditionally, RSI readings greater than the 70 level are considered to be in overbought territory, and RSI readings lower than the 30 level are considered to be in oversold territory. In between the 30 and 70 level is considered neutral, with the 50 level a sign of no trend. The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength. Tops and bottoms are indicated when RSI goes above 70 or drops below 30.

CTV holds Low or High volatility?

Qwest Corp. NT 10/01/54 (CTV) has ATR reading of 0.21. A stock’s Average True Range (ATR) is the difference between the high and low price on any given day. It reveals information about how volatile a stock is. Large ranges indicate high volatility and small ranges indicate low volatility. The range is measured the same way for options and commodities – high minus low – as they are for stocks.

By seeing it past volatility it showed that volatility for the week is 0.52% while volatility for the month is 1.00%.

Mack Mortenson

Mack covers Financial Sector of Wallstreetmorning.com. Before pursuing a financial and journalism career, he graduated from University of Georgia with a degree in Economic and Mathematics.

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