What Is Happening With SBA Communications Corporation ($SBAC)? (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how SBAC has been trading over the last 2 weeks and the past day especially. On its latest session, SBA Communications Corporation ($SBAC) opened at 230.1, reaching a high of 231.94 and a low of 225.21 before closing at a price of 226.73. There was a total volume of 620699.

VOLUME INDICATORS FOR SBA COMMUNICATIONS CORPORATION ($SBAC): We saw an accumulation-distribution index of 1844.52315, an on-balance volume of 231.5, chaikin money flow of 6.31522 and a force index of 3.2683. There was an ease of movement rating of -0.00304, a volume-price trend of -14.75006 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR SBA COMMUNICATIONS CORPORATION ($SBAC): We noted an average true range of 3.57822, bolinger bands of 231.68004, an upper bollinger band of 222.11996, lower bollinger band of 225.21, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 229.08333, high band keltner channel of 227.24333, low band keltner channel of 230.92333, 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 225.21, a donchian channel low band of 225.21, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR SBA COMMUNICATIONS CORPORATION ($SBAC): We calculated a Moving Average Convergence Divergence (MACD) of 0.07583, a MACD signal of 0.04213, a MACD difference of 0.0337, a fast Exponential Moving Average (EMA) indicator of 225.21, a slow Exponential Moving Average (EMA) indicator of 225.21, 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 0.28402, a trix of -6.35722, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 15.60066, a KST Oscillator (KST) of -64.78394 and a KST Oscillator (KST Signal) of -64.78394 (leaving a KST difference of 3.50898). We also found an Ichimoku rating of 231.02, an Ichimoku B rating of 231.02, a Ichimoku visual trend A of 245.50168, an Ichimoku visual trend B of 246.42902, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR SBA COMMUNICATIONS CORPORATION ($SBAC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.66012, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -75.86805, a stochastic oscillator of 365.76087, a stochastic oscillator signal of 365.76087, a Williams %R rating of 265.76087 and an awesome oscillator of 1.12967.

RETURNS FOR SBA COMMUNICATIONS CORPORATION ($SBAC): There was a daily return of -6.47839, a daily log return of 1.48967 and a cumulative return of 1.50082.

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 2019-11-08 (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)…

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.


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