GLOBALSTAR INC (GSAT)
US3789734080 - Common Stock
Taking everything into account, GSAT scores 2 out of 10 in our technical rating. Although GSAT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
GSAT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
GSAT is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 94% of 36 stocks in the same industry.
GSAT has an average volume of 4095880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GSAT is one of the better performing stocks in the market, outperforming 71% of all stocks. However, GSAT's most recent performance is quite weak.
GSAT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GSAT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GSAT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.26, a Stop Loss order could be placed below this zone.
More info and screens
1.21
2.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.24 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.22 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.32 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.04 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.27
Mansfield-1.46
10 Day High1.35
10 Day Low1.22
20 Day High1.48
20 Day Low1.22
52 Week High2.13
52 Week Low0.85
Performance
1 Week-0.78%
2 Weeks-2.29%
1 Month-5.19%
3 Month-20.5%
6 Month-1.54%
12 Month41.28%
2 Year10.34%
3 Year0.79%
5 Year139.48%
10 Year-51.33%
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
RSI(14)42.48
LBB1.24
UBB1.36
GLOBALSTAR INC
NYSEARCA:GSAT (4/24/2024, 7:06:28 PM)
After market: 1.27 -0.01 (-0.78%)1.28
-0.02 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-1.54%
1 Week-0.78%
2 Weeks-2.29%
1 Month-5.19%
3 Month-20.5%
6 Month-1.54%
12 Month41.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%4.4%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.35
10 Day Low1.22
20 Day High1.48
20 Day Low1.22
52 Week High2.13
52 Week Low0.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.00M
Volume Incr-29.26%
Vol(5)2.44M
Vol(50)4.10M