CTL dominated by bulls lifting the market higher throughout the day
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.
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.
While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.
Market Conditions for CenturyLink Inc
|Decisive Up Move||TQ Pro Members Only|
|White Candle||TQ Pro Members Only|
|6 Consecutive Higher Closes||TQ Pro Members Only|
|Closed above last periods high||TQ Pro Members Only|
|Up Close near high of period||TQ Pro Members Only|
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