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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ribbon Communications Inc. (NASDAQ:RBBN)

Sidelines Mode (+55) - RBBN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RBBN?

MarketClub looks at technical strength and momentum to determine if the timing is right for RBBN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RBBN
Open High Low RBBN Price Change
3.120 3.180 3.100 3.165 +0.055
Entry Signal

MarketClub’s Trade Triangles for RBBN

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 2.745

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 3.270

short term down The short-term trend has been DOWN since May 6th, 2024 at 3.150

Smart Scan Analysis for RBBN

Based on our trend formula, RBBN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RBBN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.120 3.180 3.100 3.165 +0.055
Prev. Close Volume Bid Ask Time
3.170 147840 2024-05-08 15:59:34
Year High7.93Year High Date2018-01-02
Year Low4.96Year Low Date2018-11-13
52wk High3.6552wk High Date2024-02-15
52wk Low1.7852wk Low Date2023-10-26
Average Volume597,342Shares Outstanding172,462
Market Cap616MAssets114,415,300M
Liabilities691,390,000MP/E Ratio-6.40000000
Volatility65.07
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