Bandwidth Inc (BAND): Price Up $1.79 (1.66)% Over Past Day, Up $2.06 (1.91)% Over Past Hour

The Hourly View for BAND

Currently, BAND (Get Ratings)’s price is up $2.06 (1.91%) from the hour prior. This is the 2nd hour in a row BAND has seen its price head up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

BAND ranks 17th in terms of today’s price percentage change out of Business Services stocks.

BAND’s Technical Outlook on the Daily Chart

At the time of this writing, BAND’s price is up $1.79 (1.66%) from the day prior. BAND has seen its price go down 13 out of the past 14 days, thus creating some compelling opportunities for bears. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows BAND’s price action over the past 90 days.