SBA COMMUNICATIONS CORP (SBAC) Stock Technical Analysis
NASDAQ:SBAC - US78410G1040 - REIT
204.85 USD
-1.19 (-0.58%)
204.85 USD
0 (0%)
Overall SBAC gets a technical rating of 0 out of 10. SBAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SBAC is a bad performer in the overall market: 85% of all stocks are doing better.
SBAC is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 68% are performing better than SBAC.
SBAC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SBAC has a been trading in the 203.57 - 231.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of SBAC 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
184.25
256.23
2 important support areas can be observed.
- Support @191.88 from a horizontal line in the weekly time frame.
- A support zone ranging from 186.11 to 188.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 216.23 to 218.50. 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 223.26 to 227.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 230.87 to 235.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 240.81 to 243.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @247.47 from a horizontal line in the weekly time frame.
- Resistance @253.69 from a horizontal line in the weekly 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 SBAC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBAC is down. |
| ChartMill Relative Strength | 15.69 | NEGATIVE | SBAC has a low relative strength, it was outperformed by 84.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.17 | NEUTRAL | The RSI value for SBAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.28 | NEGATIVE | The MACD value suggests SBAC has a negative trend. |
| Stochastics (14,3) | 6.11 | OVERSOLD | The low Stochastics value suggests SBAC may be oversold. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for SBAC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.02 | NEUTRAL | The ADX value for SBAC suggests a possible start of a new trend. |
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)
204.85
-1.19 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.58%
1 Week-8.09%
2 Weeks-6.86%
1 Month-10.38%
3 Month-11.66%
6 Month-5.99%
12 Month-9.62%
2 Year-8.76%
3 Year-37.02%
5 Year-33.07%
10 Year73.31%
15 Year472.21%
Volatility
ATR(14)5.07
ATR(20)%2.61%
ATR Inc13.98%
Range Today4.08
ADR(20)4.56
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.69
Mansfield-1.63
10 Day High225.33
10 Day Low203.57
20 Day High231.34
20 Day Low203.57
52 Week High252.64
52 Week Low192.55
CS1 End191.88
CR1 Start216.23
Volume & EV
DER(3)1%
DER(5)1.07%
Volume1.35M
Volume Incr45.36%
Vol(5)1.25M
Vol(50)806.08K