Technical Analysis for RBBN - Ribbon Communications Inc.

Grade Last Price % Change Price Change
F 2.57 -0.39% -0.01
RBBN closed down 0.39 percent on Friday, April 19, 2024, on 1.14 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Apr 24
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup -0.39%
Doji - Bullish? Reversal -0.39%
Lower Bollinger Band Walk Weakness -0.39%
Oversold Stochastic Weakness -0.39%
180 Bearish Setup Bearish Swing Setup 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 6 hours ago
Possible Inside Day about 6 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 1% about 9 hours ago
Up 3% 1 day ago

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Profile

Ribbon Communications Inc. Description

Sonus Networks, Inc. (d/b/a Ribbon Communications) is a company with two decades of leadership in real-time communications. Built on world class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world. The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses. With 64 locations in 27 countries around the globe, the company’s innovative, market leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment. The company’s Kandy Communications Platform as a Service (CPaaS) delivers a comprehensive set of advanced embedded communications capabilities that enables this transformation. To learn more, visit ribboncommunications.com. Sonus Networks, Inc. is currently registered to do business as Ribbon Communications in various jurisdictions but is formally changing its legal name to Ribbon Communications Inc., effective at 5:00 p.m. Eastern Time (ET), November 28, 2017.


Classification

Sector: Communication Services
Industry: Telecom Services
Keywords: Computing Telecommunications Platform As A Service Real Time Communications

Is RBBN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.65
52 Week Low 1.78
Average Volume 414,054
200-Day Moving Average 2.74
50-Day Moving Average 2.99
20-Day Moving Average 2.92
10-Day Moving Average 2.74
Average True Range 0.12
RSI (14) 29.08
ADX 23.62
+DI 13.59
-DI 29.61
Chandelier Exit (Long, 3 ATRs) 2.97
Chandelier Exit (Short, 3 ATRs) 2.89
Upper Bollinger Bands 3.37
Lower Bollinger Band 2.47
Percent B (%b) 0.11
BandWidth 30.76
MACD Line -0.12
MACD Signal Line -0.07
MACD Histogram -0.0486
Fundamentals Value
Market Cap 441.35 Million
Num Shares 172 Million
EPS -0.28
Price-to-Earnings (P/E) Ratio -9.18
Price-to-Sales 0.65
Price-to-Book 1.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.65
Resistance 3 (R3) 2.65 2.63 2.64
Resistance 2 (R2) 2.63 2.61 2.63 2.63
Resistance 1 (R1) 2.60 2.59 2.61 2.60 2.63
Pivot Point 2.57 2.57 2.58 2.57 2.57
Support 1 (S1) 2.54 2.55 2.56 2.54 2.51
Support 2 (S2) 2.52 2.54 2.52 2.51
Support 3 (S3) 2.49 2.52 2.50
Support 4 (S4) 2.49