GLOBALSTAR INC (GSAT) Technical Analysis
NASDAQ:GSAT • US3789735079
Current stock price
58.73 USD
-2.8 (-4.55%)
At close:
59.12 USD
+0.39 (+0.66%)
After Hours:
GSAT Technical Rating and Analysis
Taking everything into account, GSAT scores 6 out of 10 in our technical rating. In the last year, GSAT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- 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!
- When comparing the yearly performance of all stocks, we notice that GSAT is one of the better performing stocks in the market, outperforming 96% of all 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 94% of 37 stocks in the same industry.
- GSAT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GSAT is performing more or less in line with the market.
- In the last month GSAT has a been trading in the 53.67 - 65.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GSAT Weekly and Daily overview Charts
GSAT Setup Rating and Analysis
GSAT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
GSAT Support and Resistance Analysis
53.58
65.63
We found 2 important support areas.
- Support @56.43 from a horizontal line in the weekly time frame.
- Support @54.12 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 58.74 to 60.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @63.45 from a horizontal line in the daily time frame.
- Resistance @64.98 from a horizontal line in the weekly time frame.
GSAT Technical Indicator Signal Analysis
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 | 96.5 | POSITIVE | GSAT has a high relative strength, it outperformed 96.5% 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) | DOWN | NEGATIVE | The current price of GSAT is below a declining 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) | 48.03 | NEUTRAL | The RSI value for GSAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GSAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.62 | NEUTRAL | The Stochastics value for GSAT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for GSAT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.17 | NEGATIVE | The low ADX value for GSAT suggests a weak or negative trend. |
GSAT Chart- and CandleStick Pattern Analysis
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)
GSAT Technicals: Chart, Performance Metrics, Trend & Indicators
58.73
-2.8 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-4.55%
1 Week0.09%
2 Weeks4.06%
1 Month-2.28%
3 Month-5.65%
6 Month67.32%
12 Month167.32%
2 Year166.35%
3 Year237.53%
5 Year190.03%
10 Year166.35%
15 YearN/A
Volatility
ATR(14)3.7
ATR(20)%6.84%
ATR Inc48.99%
Range Today6.71
ADR(20)3.93
ADR(20)%6.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.5
3 months CRS39.28
6 months CRS96.62
Mansfield4.68
10 Day High63.47
10 Day Low53.67
20 Day High65.02
20 Day Low53.67
52 Week High74.88
52 Week Low17.24
CS1 End56.43
CR1 Start58.74
Volume & EV
DER(3)1.72%
DER(5)1.92%
Volume1.31M
Volume Incr16.89%
Vol(5)690.14K
Vol(50)629.19K
GLOBALSTAR INC / GSAT TA FAQ
Can you provide the ChartMill technical rating for GLOBALSTAR INC?
ChartMill assigns a technical rating of 6 / 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 48.0296. 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.