TheStreet says Centurylink stock is "Waterlogged and getting wetter" [telecom]

Jun 05, 2015 0 Replies
TheStreet says Centurylink stock is "Waterlogged and getting wetter" [telecom] open original image

CenturyLink (CTL) Is Today's Water-Logged And Getting Wetter Stock



Trade-Ideas LLC identified CenturyLink ( CTL) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified CenturyLink as such a stock due to the following factors:


  • CTL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of 4.3 million.


  • CTL has traded 601,409 shares today.

  • CTL traded in a range 201.3% of the normal price range with a price range of .41.


  • CTL traded below its daily resistance level (quality: 18 days, meaning that the stock is crossing a resistance level set by the last 18 calendar days. The resistance price is defined by the Price - * CTL traded below its daily resistance level (quality: 18 days, meaning that the stock is crossing a resistance level set by the last 18 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).

    .01 at the time of the signal).



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