Frontdoor (FTDR) Just Flashed Golden Cross Signal: Do You Buy?

Technical Analysis - Frontdoor (FTDR) has reached a key level of support and recently crossed above the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is favored by traders as it reflects a shorter price history and helps smooth out fluctuations, providing more trend reversal signals compared to longer-term averages [2] Earnings Estimates - Positive earnings estimate revisions for FTDR strengthen the bullish outlook, with no earnings estimates lowered in the past two months and one estimate raised for the current fiscal year, leading to an increase in the consensus estimate [3] Performance Metrics - Over the past four weeks, FTDR has gained 8.5%, and it currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for further price increases [4]