RIBBON COMMUNICATIONS INC (RBBN) Stock Technical Analysis
USA - NASDAQ:RBBN - US7625441040 - Common Stock
Taking everything into account, RBBN scores 0 out of 10 in our technical rating. RBBN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RBBN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.76
We can see 3 important resistance areas.
- A resistance zone ranging from 3.62 to 3.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.91 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 11.94 | NEGATIVE | RBBN has a low relative strength, it was outperformed by 88.06% 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) | 26.7 | OVERSOLD | The low RSI value suggests RBBN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RBBN has a negative trend. |
| Stochastics (14,3) | 11.36 | OVERSOLD | The low Stochastics value suggests RBBN may be oversold. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for RBBN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.48 | POSITIVE | The high ADX value value for RBBN suggests a strong trend. |
2.79
-0.21 (-7%)
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 current trend direction of RIBBON COMMUNICATIONS INC (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 26.6985. This indicates that the stock is currently oversold.
What is the MACD signal for RIBBON COMMUNICATIONS INC (RBBN) stock?
The MACD indicator for RIBBON COMMUNICATIONS INC (RBBN) has a value of -0.0307173, indicating a bearish trend.
What is the short term momentum for RIBBON COMMUNICATIONS INC (RBBN) stock?
The short term momentum for RIBBON COMMUNICATIONS INC (RBBN) is negative.