SBA COMMUNICATIONS CORP (SBAC) Stock Technical Analysis
NASDAQ:SBAC - Nasdaq - US78410G1040 - REIT - Currency: USD
Taking everything into account, SBAC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SBAC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SBAC is one of the better performing stocks in the Specialized REITs industry, it outperforms 93% of 30 stocks in the same industry.
In the last month SBAC has a been trading in the 201.42 - 234.85 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SBAC did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SBAC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, SBAC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 228.51, a Stop Loss order could be placed below this zone.
More info and screens
186.21
256.23
We found 6 important support areas.
- Support @228.51 from a horizontal line in the daily time frame.
- A support zone ranging from 216.73 to 219.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 205.37 to 210.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @198.24 from a horizontal line in the daily time frame.
- Support @191.88 from a horizontal line in the weekly time frame.
- Support @188.09 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @229.28 from a trend line in the daily time frame.
- A resistance zone ranging from 247.48 to 249.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @253.69 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
CRS89.38
Mansfield1.43
10 Day High234.42
10 Day Low201.42
20 Day High234.85
20 Day Low201.42
52 Week High252.64
52 Week Low183.64
Performance
1 Week7.95%
2 Weeks-0.78%
1 Month3.66%
3 Month12.5%
6 Month-7.44%
12 Month16.83%
2 Year-12.2%
3 Year-34.01%
5 Year-20.99%
10 Year97.77%
15 Year548.16%
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)0.98
RSI(14)61.32
LBB207.41
UBB232.79
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 229.29 | 228.50 | 0.79 (0.34%) | 25.00% |
| An entry @229.29. This is a Buy Stop order right above the resistance zone. | An exit @228.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.79 points, which is 0.34%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SBAC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
229.06
+3.39 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.5%
1 Week7.95%
2 Weeks-0.78%
1 Month3.66%
3 Month12.5%
6 Month-7.44%
12 Month16.83%
2 Year-12.2%
3 Year-34.01%
5 Year-20.99%
10 Year97.77%
15 Year548.16%
Volatility
ATR(14)9.4
ATR(20)%3.37%
ATR Inc-30.07%
Range Today4.94
ADR(20)7.31
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.38
Mansfield1.43
10 Day High234.42
10 Day Low201.42
20 Day High234.85
20 Day Low201.42
52 Week High252.64
52 Week Low183.64
CS1 End228.51
CR1 Start229.28
Volume & EV
DER(3)-2.19%
DER(5)-2.75%
Volume1.31M
Volume Incr1.74%
Vol(5)1.13M
Vol(50)992.59K