Taking everything into account, BAND scores 0 out of 10 in our technical rating. BAND's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BAND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.25. Right above this resistance zone may be a good entry point.
11.90
3 important support areas can be observed.
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for BAND is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAND is down. |
| ChartMill Relative Strength | 16.74 | NEGATIVE | BAND has a low relative strength, it was outperformed by 83.26% 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) | 43.01 | NEUTRAL | The RSI value for BAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BAND has a positive trend. |
| Stochastics (14,3) | 61.46 | NEUTRAL | The Stochastics value for BAND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BAND suggests some volalility. |
| Average Directional Index/ADX (14) | 35.37 | POSITIVE | The high ADX value value for BAND suggests a strong trend. |
14.24
-0.02 (-0.14%)
ChartMill assigns a technical rating of 0 / 10 to BAND.
The current trend direction for BANDWIDTH INC-CLASS A (BAND) is Bearish.
BANDWIDTH INC-CLASS A (BAND) has an RSI value of 43.0126. This indicates that the stock is currently neutral.
The buy/sell signal for BANDWIDTH INC-CLASS A (BAND) is sell as both the short term and long term trends are negative.
BANDWIDTH INC-CLASS A (BAND) has a support level at 14.07 and a resistance level at 14.25. Check the full technical report for our detailed analysis of BAND support and resistance levels.