The best indicator for SBA Communications (SBAC)
We backtested 20 indicators across daily, weekly and hourly charts on real SBA Communications (SBAC) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
ADX / DMI
On the weekly chart, this is the strongest risk-adjusted edge we found for SBA Communications (SBAC) over ~27.1 years — beating buy-and-hold by 4.8% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | ADX / DMI ✓ | Weekly | 17.5% | 0.66 | -65.0% | 51.6% | 31 | 4.8% |
| 2 | Donchian Breakout | Weekly | 16.7% | 0.66 | -57.7% | 50.0% | 20 | 4.0% |
| 3 | RSI Trend (>50) ✓ | Weekly | 16.0% | 0.62 | -63.4% | 45.7% | 70 | 3.3% |
| 4 | SMA 50/200 Cross ✓ | Daily | 13.8% | 0.59 | -67.4% | 50.0% | 16 | 0.9% |
| 5 | MACD ✓ | Daily | 17.2% | 0.59 | -73.6% | 46.0% | 272 | 4.4% |
| 6 | EMA-10 Trend | Daily | 16.7% | 0.59 | -59.0% | 44.5% | 616 | 3.9% |
| 7 | Rate of Change ✓ | Weekly | 18.0% | 0.59 | -78.2% | 52.2% | 90 | 5.4% |
| 8 | Donchian Midline ✓ | Weekly | 16.6% | 0.57 | -67.9% | 40.0% | 70 | 3.9% |
| 9 | EMA 20/50 Cross ✓ | Daily | 13.3% | 0.55 | -80.5% | 41.9% | 62 | 0.4% |
| 10 | Bollinger Breakout ✓ | Weekly | 11.6% | 0.54 | -49.0% | 50.0% | 30 | -1.1% |
| 11 | EMA 50/200 Cross | Daily | 11.7% | 0.53 | -65.9% | 33.3% | 15 | -1.1% |
| 12 | Heikin-Ashi Trend | Daily | 11.9% | 0.48 | -63.3% | 47.6% | 1291 | -0.9% |
| 13 | CCI ✓ | Daily | 10.8% | 0.46 | -86.0% | 77.5% | 129 | -2.0% |
| 14 | Rate of Change ✓ | Daily | 10.5% | 0.45 | -76.4% | 48.0% | 419 | -2.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For SBA Communications (SBAC), ADX / DMI on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.