|
|
|
|
Uptrend SupportArchive
- 12/13/2024 -
Sign In to see current Signals. |
SBA Communications (SBAC) Technical Analysis
|
 |
| 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 -6.08 points, or -2.76%, and closed at 214.30 on Friday, December 13, 2024. Weekly volume was -31% below average.
 Long-term trend: [See SBAC long-term trend chart]
A long-term downtrend had started on December 31, 2021 at 391.15 and reached 183.64 on May 1, 2024. SBAC lost 207.51 points, or 53.05%, in 121 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (181.44) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See SBAC medium-term trend chart]
A medium-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 Broadening Ascending Wedge chart pattern. The price is near the trend support (218.10) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See SBAC weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 8, 2024. 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 November 27, 2024 at 229.68 and reached 213.10 on December 13, 2024. SBAC lost 16.58 points, or 7.22%, in 16 days. The price is now at the 7.24% retracement level.
Daily Technical Indicators: [See SBAC daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Real Estate |
6 |
| Industry |
Specialized REITs |
32 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
225.06 |
| High Date |
12/09/2024 |
| Low |
213.10 |
| Low Date |
12/13/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
229.68 |
| High Date |
11/27/2024 |
| Low |
213.10 |
| Low Date |
12/13/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Support |
| Resistance |
221.77 |
| Support |
217.16 |
| High |
252.64 |
| High Date |
10/16/2024 |
| Low |
212.40 |
| Low Date |
11/06/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Test Support |
| Resistance |
272.27 |
| Support |
218.10 |
| Low |
183.64 |
| Low Date |
05/01/2024 |
| High |
252.64 |
| High Date |
10/16/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Resistance |
| Resistance |
191.08 |
| Support |
181.44 |
| High |
391.15 |
| High Date |
12/31/2021 |
| Low |
183.64 |
| Low Date |
05/01/2024 |
|
|