Sba Communications Corp Stock Technical Analysis

SBAC Stock  USD 228.51  1.92  0.85%   
As of the 28th of November, SBA Communications owns the Semi Deviation of 1.42, market risk adjusted performance of 0.0113, and Standard Deviation of 1.34. In respect to fundamental indicators, the technical analysis model makes it possible for you to check possible technical drivers of SBA Communications Corp, as well as the relationship between them.

SBA Communications Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SBA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SBA
  
SBA Communications' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

SBA Communications Analyst Consensus

Target PriceAdvice# of Analysts
248.93Strong Buy15Odds
SBA Communications Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SBA analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SBA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SBA Communications Corp, talking to its executives and customers, or listening to SBA conference calls.
SBA Analyst Advice Details
SBA Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SBA Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SBA Communications trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SBA Communications Corp Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SBA Communications Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SBA Communications Corp Trend Analysis

Use this graph to draw trend lines for SBA Communications Corp. You can use it to identify possible trend reversals for SBA Communications as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SBA Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SBA Communications Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SBA Communications Corp applied against its price change over selected period. The best fit line has a slop of   0.36  , which may suggest that SBA Communications Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4773.18, which is the sum of squared deviations for the predicted SBA Communications price change compared to its average price change.

About SBA Communications Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SBA Communications Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SBA Communications Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SBA Communications Corp price pattern first instead of the macroeconomic environment surrounding SBA Communications Corp. By analyzing SBA Communications's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SBA Communications's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SBA Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0059620.01010.01350.0142
Price To Sales Ratio18.4211.4910.126.18

SBA Communications November 28, 2024 Technical Indicators

Most technical analysis of SBA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SBA from various momentum indicators to cycle indicators. When you analyze SBA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

SBA Communications November 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SBA stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for SBA Stock analysis

When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
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