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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
SBA Communications Corporation - Class A (NASDAQ:SBAC)
Long-Term Downtrend (-90) - SBAC is in a strong downtrend that is likely to continue. While SBAC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 205.89
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 211.32
The short-term trend has been DOWN since Apr 8th, 2024 at 209.80
Smart Scan Analysis for SBAC
Based on our trend formula, SBAC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 202.08 | 202.77 | 197.84 | 199.83 | -2.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 199.86 | 714937 | 2024-04-15 15:59:38 |
| Year High | 177.67 | Year High Date | 2018-02-01 |
| Year Low | 146.13 | Year Low Date | 2018-10-15 |
| 52wk High | 266.77 | 52wk High Date | 2023-04-19 |
| 52wk Low | 185.23 | 52wk Low Date | 2023-10-06 |
| Year End Close | 70.98 | Average Volume | 883,970 |
| Shares Outstanding | 108,109 | Short Interest | 18,751,896 |
| Market Cap | 27,398M | Assets | 101,784,410M |
| Liabilities | 153,493,230M | P/E Ratio | 43.7831 |
| Beta | 0.7 | Volatility | 23.2 |