BANDWIDTH INC-CLASS A (BAND) Stock Technical Analysis
USA - NASDAQ:BAND - US05988J1034 - Common Stock
Taking everything into account, BAND scores 0 out of 10 in our technical rating. BAND scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BAND has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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11.90
5 important support areas can be observed.
- Support @14.32 from a trend line in the daily time frame.
- Support @14.05 from a horizontal line in the daily time frame.
- Support @13.36 from a horizontal line in the weekly time frame.
- Support @13.09 from a horizontal line in the daily time frame.
- Support @12.02 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @14.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.22 to 15.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.44 from a trend line in the daily time frame.
- A resistance zone ranging from 16.71 to 16.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @17.94 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BAND is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAND is down. |
| ChartMill Relative Strength | 22.42 | NEGATIVE | BAND has a low relative strength, it was outperformed by 77.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.16 | NEUTRAL | The RSI value for BAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BAND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.62 | NEUTRAL | The Stochastics value for BAND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BAND suggests some volalility. |
| Average Directional Index/ADX (14) | 25.45 | POSITIVE | The high ADX value value for BAND suggests a strong trend. |
14.66
-0.1 (-0.68%)
BANDWIDTH INC-CLASS A / BAND FAQ
What is the ChartMill technical rating of BANDWIDTH INC-CLASS A (BAND) stock?
ChartMill assigns a technical rating of 0 / 10 to BAND.
What is the trend direction for BAND stock?
The current trend direction for BANDWIDTH INC-CLASS A (BAND) is Bearish.
What is the RSI signal for BAND stock?
BANDWIDTH INC-CLASS A (BAND) has an RSI value of 39.1559. This indicates that the stock is currently neutral.
What are the support and resistance levels for BANDWIDTH INC-CLASS A (BAND) stock?
BANDWIDTH INC-CLASS A (BAND) has a support level at 14.32 and a resistance level at 14.77. Check the full technical report for our detailed analysis of BAND support and resistance levels.