BANDWIDTH INC-CLASS A (BAND) Stock Technical Analysis
NASDAQ:BAND - Nasdaq - US05988J1034 - Common Stock - Currency: USD
Taking everything into account, BAND scores 3 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.
When comparing the yearly performance of all stocks, BAND is a bad performer in the overall market: 78% of all stocks are doing better.
BAND is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 65% of 33 stocks in the same industry do better.
BAND is currently trading in the lower part 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.
In the last month BAND has a been trading in the 13.57 - 15.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
More info and screens
11.69
18.95
3 important support areas can be observed.
- Support @13.75 from a horizontal line in the daily time frame.
- A support zone ranging from 12.02 to 12.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @11.81 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.96 to 15.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.12 from a trend line in the daily time frame.
- Resistance @18.76 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for BAND is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAND is neutral. |
| ChartMill Relative Strength | 22.53 | NEGATIVE | BAND has a low relative strength, it was outperformed by 77.47% 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) | UP | POSITIVE | The current price of BAND is above the rising 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) | 44.74 | NEUTRAL | The RSI value for BAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BAND has a negative trend. |
| Stochastics (14,3) | 31.34 | NEUTRAL | The Stochastics value for BAND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for BAND suggests some volalility. |
| Average Directional Index/ADX (14) | 22.46 | NEUTRAL | The ADX value for BAND suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.76
-0.5 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-3.51%
1 Week-7.96%
2 Weeks-1.85%
1 Month-5.75%
3 Month-7.34%
6 Month-26.46%
12 Month-12.08%
2 Year0.58%
3 Year-26.89%
5 Year-89.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%3.96%
ATR Inc1.06%
Range Today0.48
ADR(20)0.52
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.53
Mansfield-2.04
10 Day High15.49
10 Day Low13.65
20 Day High15.49
20 Day Low13.57
52 Week High23.9
52 Week Low11.33
CS1 End13.75
CR1 Start14.96
Volume & EV
DER(3)-1.54%
DER(5)-2.09%
Volume228.40K
Volume Incr19.76%
Vol(5)292.64K
Vol(50)284.01K