Taking everything into account, RBBN scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% 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 85% are performing better than RBBN.
- RBBN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RBBN has a been trading in the 2.60 - 2.96 range, which is quite wide. It is currently trading near the lows of this range.
RBBN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
2.59
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.71 to 2.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.93 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.25 from a trend line in the weekly time frame.
- Resistance @3.85 from a trend line in the daily time frame.
- Resistance @4.08 from a horizontal line in the daily 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 | 11.51 | NEGATIVE | RBBN has a low relative strength, it was outperformed by 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBBN is below a declining 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) | 36.55 | NEUTRAL | The RSI value for RBBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RBBN has a negative trend. |
| Stochastics (14,3) | 20.07 | NEUTRAL | The Stochastics value for RBBN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for RBBN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for RBBN suggests a weak or negative trend. |
2.62
-0.06 (-2.24%)
RIBBON COMMUNICATIONS INC / RBBN FAQ
What is the technical rating for RBBN stock?
ChartMill assigns a technical rating of 0 / 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 36.5471. 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 -0.00549053, 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.