BANDWIDTH INC-CLASS A (BAND) Technical Analysis
NASDAQ:BAND • US05988J1034
We assign a technical rating of 6 out of 10 to BAND. In the last year, BAND was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- BAND is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 66% of 37 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- When compared to the yearly performance of all other stocks, BAND outperforms 49% of them, which is more or less in line with the market.
- BAND is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAND is lagging the market slightly.
- In the last month BAND has a been trading in the 12.50 - 17.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BAND has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
12.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.16 to 15.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.49 to 16.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.96 from a horizontal line in the daily time frame.
- Resistance @17.54 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for BAND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAND is up. |
| ChartMill Relative Strength | 49.45 | NEUTRAL | BAND is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BAND is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.08 | NEUTRAL | The RSI value for BAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BAND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.6 | NEUTRAL | The Stochastics value for BAND is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for BAND suggests high volalility. |
| Average Directional Index/ADX (14) | 33.23 | POSITIVE | The high ADX value value for BAND suggests a strong trend. |
BAND Technicals: Chart, Performance Metrics, Trend & Indicators
15.33
-0.36 (-2.29%)
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 6 / 10 to BAND.
Can you provide the trend direction for BANDWIDTH INC-CLASS A?
The current trend direction for BANDWIDTH INC-CLASS A (BAND) is Bullish.
What is the RSI signal for BAND stock?
BANDWIDTH INC-CLASS A (BAND) has an RSI value of 54.0821. This indicates that the stock is currently neutral.
What is the MACD signal for BAND stock?
The MACD indicator for BANDWIDTH INC-CLASS A (BAND) has a value of 0.0884021, indicating a bearish trend.
What is the buy/sell signal for BAND stock?
The buy/sell signal for BANDWIDTH INC-CLASS A (BAND) is buy as both the short term and long term trends are positive.