CenturyTel (CTL) Approaches New Upside Target of $36.48

Published on Fri, 06/14/2013 - 09:42
By Peter Chu in Pivot alerts, ctl, centurytel, nyse:ctl, pivot alerts

CenturyTel (NYSE:CTL) has opened bullishly above the pivot of $35.75 today and has reached the first level of resistance at $36.21. Analysts will be watching for a cross of the next upside pivot targets of $36.48 and $37.21.

CenturyTel, Inc. is an integrated communications company. The Company provides a wide range of communications services, including local and long distance voice, Internet access and broadband services. CenturyTel operates throughout the United States.

There is potential upside of 3.1% for shares of CenturyTel based on a current price of $36.26 and an average consensus analyst price target of $37.38. The stock should find initial resistance at its 50-day moving average (MA) of $36.71 and further resistance at its 200-day MA of $38.25.

In the past 52 weeks, shares of CenturyTel have traded between a low of $32.05 and a high of $43.43 and are now at $36.26, which is 13% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Quiksilver: New 52-Week Low Set Today (Z...

Quiksilver (NYSE:ZQK) traded at a new 52-week low today of $3.08. So far today approxi ...

Xerox: The Winning Streak Continues (XRX...

Xerox (NYSE:XRX) traded at a new 52-week high today of $13.38. This new high was reach ...

Watch for Continued Losses in Shares of ...

Titan International (NYSE:TWI) traded today at a new 52-week low of $13.93. Approximat ...

Take-Two Interactive Software: The Winni...

Take-Two Interactive Software (NASDAQ:TTWO) traded at a new 52-week high today of $23.6 ...

Glacier Bancorp Shares Sinking Lower, Do...

One of today's stocks on the move is Glacier Bancorp (NASDAQ:GBCI), down 1.7% to $26.56 ...

Shares of TeleNav Fall Below Previous 52...

TeleNav (NASDAQ:TNAV) traded at a new 52-week low today of $5.03. Approximately 85,000 ...

Tempur-Pedic International Makes a Move:...

Tempur-Pedic International (NYSE:TPX), a company whose shares are moving quickly, is tr ...

Recent 52-Week Low Surpassed in Shares o...

Shares of Theravance (NASDAQ:THRX) traded today at $22.01, breaking its 52-week low. A ...