SHENANDOAH TELECOMMUNICATION (SHEN) Stock Technical Analysis
NASDAQ:SHEN - Nasdaq - US82312B1061 - Common Stock - Currency: USD
Taking everything into account, SHEN scores 3 out of 10 in our technical rating. SHEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SHEN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SHEN outperforms 55% of them, which is more or less in line with the market.
SHEN is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, SHEN did better than 59% of them.
In the last month SHEN has a been trading in the 10.07 - 13.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of SHEN 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
10.39
16.78
We found 1 important support area.
- Support @10.49 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.25 to 12.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.89 to 13.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.49 to 13.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.61 from a trend 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
CRS55.44
Mansfield-1.67
10 Day High13.12
10 Day Low10.07
20 Day High13.4
20 Day Low10.07
52 Week High21.89
52 Week Low9.77
Performance
1 Week-5.89%
2 Weeks-8.34%
1 Month-6.11%
3 Month10.93%
6 Month-16.17%
12 Month-11.06%
2 Year-36.88%
3 Year-47.82%
5 Year-77.23%
10 Year-23.77%
15 Year41.52%
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)-0.16
RSI(14)44.62
LBB11.43
UBB13.79
11.98
+0.49 (+4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg4.26%
1 Week-5.89%
2 Weeks-8.34%
1 Month-6.11%
3 Month10.93%
6 Month-16.17%
12 Month-11.06%
2 Year-36.88%
3 Year-47.82%
5 Year-77.23%
10 Year-23.77%
15 Year41.52%
Volatility
ATR(14)0.74
ATR(20)%6.34%
ATR Inc35%
Range Today1.18
ADR(20)0.74
ADR(20)%6.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.44
Mansfield-1.67
10 Day High13.12
10 Day Low10.07
20 Day High13.4
20 Day Low10.07
52 Week High21.89
52 Week Low9.77
CS1 End10.49
CR1 Start12.25
Volume & EV
DER(3)3.23%
DER(5)2.8%
Volume464.50K
Volume Incr63.93%
Vol(5)439.46K
Vol(50)310.84K