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Archive - 5/23/2025 - 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 the negative week for the SBA Communications (SBAC). During the week, the SBAC dropped -3.56 points, or -1.53%, and closed at 229.52 on Friday, May 23, 2025. Weekly volume was -34% below average.
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 price is now at the 33.51% retracement level.
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 205.87 and resistance is at 251.22. 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. 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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See SBAC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 9, 2025. This is an indication that the short-term trend is down. 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 declined below the moving average in the center of the Bollinger Bands. 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.
Candlestick pattern: [See SBAC candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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