RIBBON COMMUNICATIONS INC (RBBN)
US7625441040 - Common Stock
We assign a technical rating of 7 out of 10 to RBBN. RBBN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
RBBN is part of the Communications Equipment industry. There are 54 other stocks in this industry. RBBN outperforms 88% of them.
RBBN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RBBN is performing more or less in line with the market.
In the last month RBBN has a been trading in the 2.46 - 3.58 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that RBBN is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although RBBN has an excellent technical rating, it does not offer a high 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
2.58
3.56
We found 4 important support areas.
- A support zone ranging from 3.20 to 3.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.12 from a horizontal line in the daily time frame.
- A support zone ranging from 2.96 to 3.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.61 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.27 to 3.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.44 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.52 to 3.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.87
Mansfield0.6
10 Day High3.58
10 Day Low2.47
20 Day High3.58
20 Day Low2.47
52 Week High3.65
52 Week Low1.78
Performance
1 Week-0.93%
2 Weeks24.42%
1 Month5.59%
3 Month3.55%
6 Month55.83%
12 Month21.59%
2 Year13.43%
3 Year-56.85%
5 Year-24.82%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)62.76
LBB2.28
UBB3.5
RIBBON COMMUNICATIONS INC
NASDAQ:RBBN (5/3/2024, 9:37:00 AM)
3.23
+0.02 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.62%
1 Week-0.93%
2 Weeks24.42%
1 Month5.59%
3 Month3.55%
6 Month55.83%
12 Month21.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%5.2%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.58
10 Day Low2.47
20 Day High3.58
20 Day Low2.47
52 Week High3.65
52 Week Low1.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume28.95K
Volume Incr7.94%
Vol(5)542.34K
Vol(50)451.01K