RIBBON COMMUNICATIONS INC (RBBN) Technical Analysis
NASDAQ:RBBN • US7625441040
Overall RBBN gets a technical rating of 1 out of 10. RBBN'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than RBBN.
- RBBN is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 89% are performing better than RBBN.
- RBBN 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 RBBN has a been trading in the 1.86 - 2.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RBBN 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
2.23
4 important resistance areas can be observed.
- Resistance @2.32 from a trend line in the daily time frame.
- A resistance zone ranging from 2.44 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.62 from a trend line in the daily time frame.
- Resistance @3.03 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 | DOWN | NEGATIVE | The long term trend for RBBN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBBN is down. |
| ChartMill Relative Strength | 9.53 | NEGATIVE | RBBN has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBBN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RBBN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.19 | NEUTRAL | The RSI value for RBBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RBBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.83 | NEUTRAL | The Stochastics value for RBBN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for RBBN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for RBBN suggests a weak or negative trend. |
RBBN Technicals: Chart, Performance Metrics, Trend & Indicators
2.25
+0.06 (+2.74%)
RIBBON COMMUNICATIONS INC / RBBN FAQ
What is the technical rating for RBBN stock?
ChartMill assigns a technical rating of 1 / 10 to RBBN.
What is the trend direction for RBBN stock?
The current trend direction for RIBBON COMMUNICATIONS INC (RBBN) is Bearish.
Can you provide the RSI signal for RIBBON COMMUNICATIONS INC?
RIBBON COMMUNICATIONS INC (RBBN) has an RSI value of 47.1936. This indicates that the stock is currently neutral.
What is the MACD signal for RBBN stock?
The MACD indicator for RIBBON COMMUNICATIONS INC (RBBN) has a value of 0.0279829, indicating a bearish trend.
Can you provide the buy/sell signal for RIBBON COMMUNICATIONS INC?
The buy/sell signal for RIBBON COMMUNICATIONS INC (RBBN) is sell as both the short term and long term trends are negative.