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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 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.

NASDAQ_SBAC
Open High Low SBAC Price Change
196.16 197.60 195.05 196.79 +0.73
Entry Signal

MarketClub’s Trade Triangles for SBAC

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 205.89

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 211.32

short term down 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).

-90
Smart Scan Analysis for SBAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
196.16 197.60 195.05 196.79 +0.73
Prev. Close Volume Bid Ask Time
196.80 651990 2024-04-22 15:59:59
Year High177.67Year High Date2018-02-01
Year Low146.13Year Low Date2018-10-15
52wk High263.0852wk High Date2023-05-01
52wk Low185.2352wk Low Date2023-10-06
Year End Close70.98Average Volume875,927
Shares Outstanding108,109Short Interest18,751,896
Market Cap27,398MAssets101,784,410M
Liabilities153,493,230MP/E Ratio42.5293
Beta0.7Volatility23.2
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