60 USD
+0.24 (+0.4%)
60.5 USD
+0.5 (+0.83%)
Overall GSAT gets a technical rating of 9 out of 10. In the last year, GSAT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month GSAT has a been trading in the 55.82 - 74.88 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, GSAT did better than 95% of all other stocks. We also observe that the gains produced by GSAT over the past year are nicely spread over this period.
GSAT is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 88% of 37 stocks in the same industry.
GSAT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GSAT is lagging the market slightly.
GSAT has an average volume of 1059800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GSAT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
56.09
67.97
2 important support areas can be observed.
- Support @58.76 from a trend line in the daily time frame.
- A support zone ranging from 56.66 to 57.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @66.10 from a trend line in the daily time frame.
- Resistance @67.30 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GSAT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSAT is neutral. |
| ChartMill Relative Strength | 95.36 | POSITIVE | GSAT has a high relative strength, it outperformed 95.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GSAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GSAT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.19 | NEUTRAL | The RSI value for GSAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests GSAT has a negative trend. |
| Stochastics (14,3) | 29.08 | NEUTRAL | The Stochastics value for GSAT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for GSAT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.73 | NEGATIVE | The low ADX value for GSAT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 66.11 | 58.75 | 7.36 (11.13%) | 8.98% |
| An entry @66.11. This is a Buy Stop order right above the resistance zone. | An exit @58.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.36 points, which is 11.13%. | For a 1.00% total portfolio risk, you can invest 8.98% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
60
+0.24 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.4%
1 Week-6.24%
2 Weeks-5.14%
1 Month-14.63%
3 Month38.28%
6 Month120.99%
12 Month111.64%
2 Year151.57%
3 Year183.69%
5 Year280.95%
10 Year212.5%
15 YearN/A
Volatility
ATR(14)4.11
ATR(20)%7.54%
ATR Inc-13.02%
Range Today2.6
ADR(20)4.42
ADR(20)%7.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.36
3 months CRS94.79
6 months CRS97.3
Mansfield6.52
10 Day High67.56
10 Day Low58.64
20 Day High74.88
20 Day Low55.82
52 Week High74.88
52 Week Low17.24
CS1 End58.76
CR1 Start66.1
Volume & EV
DER(3)-2.12%
DER(5)-2.36%
Volume695.50K
Volume Incr-5.1%
Vol(5)754.62K
Vol(50)1.06M
GLOBALSTAR INC / GSAT FAQ
Can you provide the ChartMill technical rating for GLOBALSTAR INC?
ChartMill assigns a technical rating of 9 / 10 to GSAT.
Can you provide the trend direction for GLOBALSTAR INC?
The current trend direction for GLOBALSTAR INC (GSAT) is Bullish.
Can you provide the RSI signal for GLOBALSTAR INC?
GLOBALSTAR INC (GSAT) has an RSI value of 46.1924. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBALSTAR INC (GSAT) stock?
The short term momentum for GLOBALSTAR INC (GSAT) is neutral.