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Archive - 6/20/2025 - Sign In to see current Signals. |
SBA Communications (SBAC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a second consecutive positive week for the SBA Communications (SBAC). During the week, the SBAC climbed 1.48 points, or 0.65%, and closed at 229.31 on Friday, June 20, 2025. SBAC was trading at average weekly trading volume.
Long-term trend: [See SBAC long-term trend chart] A long-term uptrend had started on May 1, 2024 at 183.64 and reached 252.64 on October 16, 2024. SBAC gained -69.00 points, or -37.57%, in 24 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 198.26 and resistance is at 243.47. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See SBAC medium-term trend chart] A medium-term uptrend had started on January 10, 2025 at 192.60 and reached 245.16 on May 6, 2025. SBAC gained -52.56 points, or -27.29%, in 16 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 208.47 and resistance is at 259.62. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See SBAC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 28, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See SBAC short-term trend chart] A short-term downtrend had started on May 6, 2025 at 245.16 and reached 220.82 on May 14, 2025. SBAC lost 24.34 points, or 9.93%, in 8 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See SBAC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (3.45%) is close to one year low (4.15%). It is 65.86% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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