GLOBALSTAR INC (GSAT) Stock Technical Analysis
NASDAQ:GSAT - Nasdaq - US3789735079 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GSAT. GSAT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
GSAT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month GSAT has a been trading in the 17.30 - 20.70 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, GSAT outperforms 43% of them, which is more or less in line with the market.
GSAT is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, GSAT did better than 46% of them.
Considerably lower volume is observed in the last couple of days.
GSAT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.59
23.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.45 to 19.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.75 to 15.79. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @22.51 from a trend line in the daily time frame.
- A resistance zone ranging from 23.09 to 23.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.88
Mansfield-0.46
10 Day High20.7
10 Day Low18.79
20 Day High20.7
20 Day Low17.3
52 Week High41.1
52 Week Low15
Performance
1 Week4.03%
2 Weeks4.24%
1 Month3.82%
3 Month-11.11%
6 Month-1.45%
12 Month4.62%
2 Year19.3%
3 Year-2.86%
5 Year356.99%
10 Year-48.68%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)53.32
LBB18.82
UBB20.21
20.4
+0.72 (+3.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg3.66%
1 Week4.03%
2 Weeks4.24%
1 Month3.82%
3 Month-11.11%
6 Month-1.45%
12 Month4.62%
2 Year19.3%
3 Year-2.86%
5 Year356.99%
10 Year-48.68%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%5.35%
ATR Inc13.77%
Range Today0.96
ADR(20)1.05
ADR(20)%5.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.88
Mansfield-0.46
10 Day High20.7
10 Day Low18.79
20 Day High20.7
20 Day Low17.3
52 Week High41.1
52 Week Low15
CS1 End19.5
CR1 Start22.51
Volume & EV
DER(3)0.41%
DER(5)-0.31%
Volume461.90K
Volume Incr-35.46%
Vol(5)393.54K
Vol(50)669.58K