SBA Communications Corporation ($SBAC): The Good, The Bad, The Ugly (2019-07-29)

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REPORTING FOR 2019-07-29 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how SBA Communications Corporation ($SBAC) has been trading over the last 2 weeks and the past day especially. On its latest session, SBA Communications Corporation ($SBAC) opened at 233.74, reaching a high of 237.09 and a low of 232.98 before closing at a price of 236.82. There was a total volume of 412835.

VOLUME INDICATORS: We saw an accumulation-distribution index of 3394.94705, an on-balance volume of -233.79, chaikin money flow of 1.45373 and a force index of 13.95345. There was an ease of movement rating of 0.00203, a volume-price trend of 26.51679 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 1.71632, bolinger bands of 234.2599, an upper bollinger band of 230.3001, lower bollinger band of 232.98, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 234.60333, high band keltner channel of 231.25333, low band keltner channel of 237.95333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 232.98, a donchian channel low band of 232.98, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.03141, a MACD signal of -0.01745, a MACD difference of -0.01396, a fast Exponential Moving Average (EMA) indicator of 232.98, a slow Exponential Moving Average (EMA) indicator of 232.98, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.1537, a trix of 7.09288, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -23.647, a KST Oscillator (KST) of 112.96358 and a KST Oscillator (KST Signal) of 112.96358 (leaving a KST difference of -1.67198). We also found an Ichimoku rating of 235.415, an Ichimoku B rating of 235.415, a Ichimoku visual trend A of 215.50411, an Ichimoku visual trend B of 221.15168, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 96.88614, a stochastic oscillator of 122.68657, a stochastic oscillator signal of 122.68657, a Williams %R rating of 22.68657 and an awesome oscillator of -0.46567.

RETURNS: There was a daily return of 11.29636, a daily log return of -0.60272 and a cumulative return of -0.60091.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-29 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for SBA Communications Corporation ($SBAC)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on SBA Communications Corporation, we strongly advise SBA Communications Corporation investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like SBA Communications Corporation – without this you are trading blind:

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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling SBA Communications Corporation ($SBAC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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