[FTR] Frontier Communications Corporation (1.33) broke a Double Bottom at 3.750 on 11/2/16. Frontier Communications Corporation is part of the DWA Telephone sector whose Bullish Percent Chart is in Bull Confirmed status at 56 % in a column of X's. FTR is in a negative trend as it is trading below its bearish resistance line. The Relative Strength against the market is on a sell signal given on 9/14/16 and the RS chart has been in a column of O's since 6/13/16. The weekly momentum, an indication of short term strength or weakness, turned negative on 5/5/17. The simple moving averages show the stock trading below its 200 day moving average and below its 50 day moving average. The relationship between the 50 day and the 200 day moving average shows the 50 day moving average below the 200 day. FTR is trading -99.68% on the oversold side of the ten week trading band, the middle of this trading band is 2.10. The 30 day trading volume average is 41076046 shares.
Just my opinion, of course.
