CTL dominated by bulls lifting the market higher throughout the day


CenturyLink Inc (CTL) Technical Analysis Report for Aug 10, 2018 | by Techniquant Editorial Team

Highlights

CTL dominated by bulls lifting the market higher throughout the day
CTL closes higher for the 2nd day in a row
CTL pushes through previous session high
CTL rises to highest close since August 14, 2017

Overview

Moving higher for the 2nd day in a row, CTL finished the week 13.54% higher at 21.38 after gaining $0.41 (1.96%) today on high volume. Today's closing price of 21.38 marks the highest close since August 14, 2017. The bulls were in full control today, moving the market higher throughout the whole session. Closing above Thursday's high at 21.12, the share confirms its breakout through the prior session's high having traded $0.50 above it intraday.

Daily Candlestick Chart (CTL as at Aug 10, 2018):

Daily technical analysis candlestick chart for CenturyLink Inc (CTL) as at Aug 10, 2018

Friday's trading range was $0.81 (3.89%), that's far above last trading month's daily average range of $0.46. Weekly volatility is also higher, being way above the markets average with the monthly volatility being way above average.

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.


Market Conditions for CTL as at Aug 10, 2018

Loading Market Conditions for CTL (CenturyLink Inc)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when CenturyLink Inc traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!