SBA COMMUNICATIONS CORP (SBAC) Stock Technical Analysis
NASDAQ:SBAC - Nasdaq - US78410G1040 - REIT - Currency: USD
Overall SBAC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SBAC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SBAC is one of the better performing stocks in the market, outperforming 86% of all stocks.
SBAC is one of the better performing stocks in the Specialized REITs industry, it outperforms 89% of 30 stocks in the same industry.
SBAC 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 SBAC is performing more or less in line with the market.
In the last month SBAC has a been trading in the 219.38 - 245.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SBAC has an average volume of 1056600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBAC has an excellent technical rating, but the quality of the setup is only medium 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
186.21
256.23
5 important support areas can be observed.
- A support zone ranging from 222.09 to 226.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 214.56 to 216.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.56 from a horizontal line in the daily time frame.
- Support @191.88 from a horizontal line in the weekly time frame.
- Support @188.09 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 245.09 to 249.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @253.69 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield0.28
10 Day High244.19
10 Day Low220.82
20 Day High245.16
20 Day Low219.38
52 Week High252.64
52 Week Low185.44
Performance
1 Week3.52%
2 Weeks-3.73%
1 Month1.02%
3 Month9.76%
6 Month5.95%
12 Month24.29%
2 Year5.41%
3 Year-30.55%
5 Year-25.58%
10 Year109.09%
15 Year607.78%
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)-0.91
RSI(14)53.41
LBB222.78
UBB247.76
233.78
-1.73 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.73%
1 Week3.52%
2 Weeks-3.73%
1 Month1.02%
3 Month9.76%
6 Month5.95%
12 Month24.29%
2 Year5.41%
3 Year-30.55%
5 Year-25.58%
10 Year109.09%
15 Year607.78%
Volatility
ATR(14)5.28
ATR(20)%2.59%
ATR Inc-40.78%
Range Today4.07
ADR(20)5.32
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield0.28
10 Day High244.19
10 Day Low220.82
20 Day High245.16
20 Day Low219.38
52 Week High252.64
52 Week Low185.44
CS1 End226.65
CR1 Start245.09
Volume & EV
DER(3)-0.2%
DER(5)0.24%
Volume648.20K
Volume Incr-8.31%
Vol(5)946.62K
Vol(50)1.06M