Taking everything into account, GSAT scores 9 out of 10 in our technical rating. In the last year, GSAT was one of the better performers, but we do observe some doubts in the very recent evolution.
Although GSAT has an excellent technical rating, it does not present a decent entry opportunity 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.
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32.10
3 important support areas can be observed.
- Support @56.90 from a horizontal line in the daily time frame.
- A support zone ranging from 53.84 to 54.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.42 from a trend line in the weekly 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 | 96.41 | POSITIVE | GSAT has a high relative strength, it outperformed 96.41% 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 | POSITIVE | The current price of GSAT is above 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) | 44.97 | NEUTRAL | The RSI value for GSAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.57 | NEGATIVE | The MACD value suggests GSAT has a negative trend. |
| Stochastics (14,3) | 18.07 | OVERSOLD | The low Stochastics value suggests GSAT may be oversold. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for GSAT suggests high volalility. |
| Average Directional Index/ADX (14) | 34 | POSITIVE | The high ADX value value for GSAT suggests a strong trend. |
58.64
+1.73 (+3.04%)
GLOBALSTAR INC / GSAT FAQ
Can you provide the ChartMill technical rating for GLOBALSTAR INC?
ChartMill assigns a technical rating of 9 / 10 to GSAT.
What is the current trend direction of GLOBALSTAR INC (GSAT) stock?
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 44.9672. This indicates that the stock is currently neutral.
What is the MACD signal for GSAT stock?
The MACD indicator for GLOBALSTAR INC (GSAT) has a value of -1.56599, indicating a bearish trend.
What is the support and resistance level for GSAT stock?
GLOBALSTAR INC (GSAT) has a support level at 56.9. Check the full technical report for our detailed analysis of GSAT support and resistance levels.