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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
SBA Communications Corporation - Class A (NASDAQ:SBAC)
Sidelines Mode (-55) - SBAC 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 SBAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SBAC
The long-term trend has been DOWN since Feb 20th, 2024 at 205.890
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 211.320
The short-term trend has been UP since May 3rd, 2024 at 198.435
Smart Scan Analysis for SBAC
Based on our trend formula, SBAC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 195.220 | 197.720 | 194.850 | 197.125 | +1.125 |
| Prev. Close | Volume | Bid | Ask | Time |
| 197.220 | 653998 | 2024-05-08 15:59:44 |
| Year High | 177.67 | Year High Date | 2018-02-01 |
| Year Low | 146.13 | Year Low Date | 2018-10-15 |
| 52wk High | 258.76 | 52wk High Date | 2023-12-14 |
| 52wk Low | 183.64 | 52wk Low Date | 2024-05-01 |
| Year End Close | 70.98 | Average Volume | 978,498 |
| Shares Outstanding | 107,443 | Short Interest | 18,751,896 |
| Market Cap | 27,398M | Assets | 999,526,600M |
| Liabilities | 152,180,860M | P/E Ratio | 38.6706 |
| Beta | 0.7 | Volatility | 23.2 |