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SHENShenandoah Telecommunications Co

NASDAQDaily chart
Range low retest · 19 Jan 2024

SHEN slipped below its $21.76 – $25.02 range and came back to test the low on 19 Jan 2024.

Range low
$21.76
support
Range high
$25.02
15% above the low
In the range since
Oct 2023
4 mo
Close on retest day
$20.04
8% below the range low
  • Previous range $12.58 – $16.89 lasted 7 mo and broke downward at $10.07.
  • 5 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
24 Jul 2025Still open——
18 Sept 202430 Apr 2025 · 7 moBroke below the range at $10.07—
23 Oct 20238 Feb 2024 · 4 moBroke below the range at $19.0019 Jan 2024
3 Jan 202326 Oct 2023 · 10 moBroke above the range at $25.02—
25 Apr 20223 Jan 2023 · 8 moBroke below the range at $15.62—

Retest signals

  • 19 Jan 2024 · 3 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.