BANDWIDTH INC-CLASS A (BAND) Stock Technical Analysis
NASDAQ:BAND - US05988J1034 - Common Stock
14.75 USD
+0.63 (+4.46%)
14.69 USD
-0.06 (-0.41%)
We assign a technical rating of 2 out of 10 to BAND. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
79% of all other stocks performed better in the past year than BAND.
BAND is part of the Diversified Telecommunication Services industry. There are 35 other stocks in this industry, of which 64% are performing better than BAND.
BAND is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BAND has a been trading in the 12.92 - 16.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of BAND is bad and it also does not present a quality setup 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
11.90
16.37
We found 3 important support areas.
- A support zone ranging from 13.09 to 13.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.35 from a trend line in the weekly time frame.
- Support @12.02 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @14.93 from a trend line in the weekly time frame.
- Resistance @15.56 from a trend line in the daily time frame.
- A resistance zone ranging from 16.06 to 16.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BAND is neutral. |
| ChartMill Relative Strength | 21.83 | NEGATIVE | BAND has a low relative strength, it was outperformed by 78.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAND is above 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) | 54.44 | NEUTRAL | The RSI value for BAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BAND has a positive trend. |
| Stochastics (14,3) | 77.5 | NEUTRAL | The Stochastics value for BAND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BAND suggests some volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for BAND suggests a weak or negative 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)
14.75
+0.63 (+4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg4.46%
1 Week4.68%
2 Weeks10.32%
1 Month-1.6%
3 Month6.88%
6 Month-13.24%
12 Month-14.89%
2 Year2.64%
3 Year-4.84%
5 Year-90.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%4.97%
ATR Inc16.45%
Range Today0.59
ADR(20)0.64
ADR(20)%4.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.83
Mansfield-1.63
10 Day High14.84
10 Day Low13.04
20 Day High16.45
20 Day Low12.92
52 Week High23
52 Week Low11.33
CS1 End13.36
CR1 Start14.93
Volume & EV
DER(3)1%
DER(5)0.99%
Volume235.70K
Volume Incr-54.27%
Vol(5)151.72K
Vol(50)275.16K