Stock Trend Analysis Report
Prepared for you on Saturday, June 3, 2023.
Ribbon Communications Inc. (NASDAQ:RBBN)
Bull Market Weakness (+75) - RBBN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RBBN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for RBBN
The long-term trend has been DOWN since Apr 18th, 2023 at 2.695
The intermediate-term trend has been UP since May 17th, 2023 at 2.730
The short-term trend has been UP since May 31st, 2023 at 2.860
Smart Scan Analysis for RBBN
Based on our trend formula, RBBN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||7.93||Year High Date||2018-01-02|
|Year Low||4.96||Year Low Date||2018-11-13|
|52wk High||4.84||52wk High Date||2023-02-16|
|52wk Low||2.19||52wk Low Date||2022-10-13|
|Average Volume||565,605||Shares Outstanding||170,087|