NASDAQ:RBBN - Nasdaq - US7625441040 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to RBBN. RBBN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
3.03
3 important support areas can be observed.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The short term trend for RBBN is up. |
ChartMill Relative Strength | 41.5 | NEUTRAL | RBBN is not amongst the best or worst performers 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 | MIXED | The current price of RBBN is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of RBBN is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 55.19 | NEUTRAL | The RSI value for RBBN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RBBN has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.83 | OVERBOUGHT | The high Stochastics value suggests RBBN may be overbought. |
Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for RBBN suggests some volalility. |
Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for RBBN suggests a weak or negative trend. |
3.63
+0.02 (+0.55%)