The Greedy Trader Weekly Analysis
Sign In Aug 7, 2020
Skip Navigation Links
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Century Telephone (CTL)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :MACD bullish divergenceThe price has risen above the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was the negative week for the Century Telephone (CTL). During the week, the CTL dropped -0.44 points, or -4.36%, and closed at 9.65 on Friday, July 31, 2020. CTL was trading at average weekly trading volume.

Long-term trend: [See CTL long-term trend chart]
A long-term downtrend had started on February 12, 2020 at 15.30 and reached 8.16 on March 23, 2020. CTL lost 7.14 points, or 46.67%, in 5 weeks. The price is now at the 20.87% retracement level.

Medium-term trend: [See CTL medium-term trend chart]
A medium-term uptrend had started on March 23, 2020 at 8.16 and reached 11.39 on June 8, 2020. CTL gained -3.23 points, or -39.58%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 9.23 and resistance is at 11.80. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See CTL weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 5, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See CTL short-term trend chart]
A short-term downtrend had started on June 8, 2020 at 11.39 and reached 9.43 on June 29, 2020. CTL lost 1.96 points, or 17.21%, in 21 days. The price is now at the 11.22% retracement level.

Daily Technical Indicators: [See CTL daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.

The daily MACD line is above its signal line since July 22, 2020. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (5.39%) is close to one year low (5.55%). It is 72.22% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.31
Williams' Percentage Range (W%R) 62.90
Lane's Stochastic (%D-Slow) 37.24
Greed/Fear Indicator (GFI) 41.23
Moving Average Converg./Diverg. (MACD) -0.06 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.57
Williams' Percentage Range (W%R) 52.00
Lane's Stochastic (%D-Slow) 32.63
Greed/Fear Indicator (GFI) 43.25
Moving Average Converg./Diverg. (MACD) -0.67
Trading Signals
Description Value Chart
Parabolic System 10.16
Upper Bollinger Band 10.10
Weekly Stochastic Crossing 10.03
50 Day Moving Average 10.03
20 Day Moving Average 9.82
Daily Stochastic Crossing 9.73
Price 9.65
Lower Bollinger Band 9.59
Weekly Trendline Support 9.23
Sector and Industry
Description Name Rank
Sector Communication Services 7
Industry Alternative Carriers 13
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 11.39
High Date 06/08/2020
Low 9.43
Low Date 06/29/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 11.80
Support 9.23
Low 8.16
Low Date 03/23/2020
High 11.39
High Date 06/08/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 15.30
High Date 02/12/2020
Low 8.16
Low Date 03/23/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 43.43
High Date 08/09/2012
Low 8.16
Low Date 03/23/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.87
High Date 12/21/2010
Low 8.16
Low Date 03/23/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.