SBA COMMUNICATIONS CORP (SBAC)
US78410G1040 - REIT
Taking everything into account, SBAC scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SBAC is a bad performer in the overall market: 84% of all stocks are doing better.
SBAC is part of the Specialized REITs industry. There are 28 other stocks in this industry, of which 92% are performing better than SBAC.
SBAC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SBAC is lagging the market.
In the last month SBAC has a been trading in the 183.64 - 218.61 range, which is quite wide. It is currently trading near the lows of this range.
SBAC has an average volume of 1077130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SBAC 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.
More info and screens
189.95
263.68
When analyzing the support we notice one important area.
- Support @191.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 195.53 to 199.93. 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 208.67 to 212.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 216.71 to 218.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @223.75 from a horizontal line in the daily time frame.
- Resistance @229.60 from a trend line in the weekly time frame.
- Resistance @261.07 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
CRS16.85
Mansfield-2.06
10 Day High201.9
10 Day Low183.64
20 Day High218.61
20 Day Low183.64
52 Week High258.76
52 Week Low183.64
Performance
1 Week-2.05%
2 Weeks-1.06%
1 Month-9.32%
3 Month-13.72%
6 Month-14.63%
12 Month-19.08%
2 Year-42.41%
3 Year-34.97%
5 Year-10.42%
10 Year91%
15 Year658.19%
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)-0.38
RSI(14)41.07
LBB187.98
UBB203.79
SBA COMMUNICATIONS CORP
NASDAQ:SBAC (5/2/2024, 3:30:02 PM)
After market: 193.87 0 (0%)193.87
+4.75 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg2.51%
1 Week-2.05%
2 Weeks-1.06%
1 Month-9.32%
3 Month-13.72%
6 Month-14.63%
12 Month-19.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.55
ATR(20)%2.97%
ATR Inc
Range Today6.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High201.9
10 Day Low183.64
20 Day High218.61
20 Day Low183.64
52 Week High258.76
52 Week Low183.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.09M
Volume Incr54.94%
Vol(5)1.35M
Vol(50)1.08M