SHENANDOAH TELECOMMUNICATION (SHEN) Stock Technical Analysis
NASDAQ:SHEN - Nasdaq - US82312B1061 - Common Stock - Currency: USD
Overall SHEN gets a technical rating of 0 out of 10. SHEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than SHEN.
SHEN is part of the Diversified Telecommunication Services industry. There are 32 other stocks in this industry, of which 93% are performing better than SHEN.
SHEN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SHEN has a been trading in the 9.77 - 12.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHEN has a poor technical rating and the quality of the setup is also only medium 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
17.83
When analyzing the support we notice one important area.
- Support @10.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.77 to 12.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.65 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
CRS9.64
Mansfield-3.38
10 Day High12.15
10 Day Low9.77
20 Day High12.15
20 Day Low9.77
52 Week High21.89
52 Week Low9.77
Performance
1 Week-9.49%
2 Weeks-6.18%
1 Month-4.94%
3 Month-18.7%
6 Month-28.32%
12 Month-41.95%
2 Year-44.77%
3 Year-51.77%
5 Year-75.74%
10 Year-25.89%
15 Year19.58%
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
RSI(14)39.01
LBB10.42
UBB12.44
10.78
+0.16 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.51%
1 Week-9.49%
2 Weeks-6.18%
1 Month-4.94%
3 Month-18.7%
6 Month-28.32%
12 Month-41.95%
2 Year-44.77%
3 Year-51.77%
5 Year-75.74%
10 Year-25.89%
15 Year19.58%
Volatility
ATR(14)0.6
ATR(20)%5.12%
ATR Inc275.77%
Range Today0.96
ADR(20)0.53
ADR(20)%4.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.64
Mansfield-3.38
10 Day High12.15
10 Day Low9.77
20 Day High12.15
20 Day Low9.77
52 Week High21.89
52 Week Low9.77
CS1 End10.49
CR1 Start11.77
Volume & EV
DER(3)3.74%
DER(5)2.11%
Volume365.60K
Volume Incr47.08%
Vol(5)291.08K
Vol(50)231.54K