LEVERAGE SHARES 2X SATS (SATG) Technical Analysis
NASDAQ:SATG • US88340F4072
Current stock price
SATG Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SATG. SATG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, SATG is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month SATG has a been trading in the 13.75 - 22.50 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SATG Weekly and Daily overview Charts
SATG Setup Rating and Analysis
SATG has an average technical rating and also the quality of the setup is only medium 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
SATG Support and Resistance Analysis
14.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.87 to 18.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.51 from a horizontal line in the daily time frame.
SATG 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 SATG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SATG is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SATG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SATG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SATG is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.1 | NEUTRAL | The RSI value for SATG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests SATG has a positive trend. |
| Stochastics (14,3) | 87.11 | OVERBOUGHT | The high Stochastics value suggests SATG may be overbought. |
| Average True Range in percent/ATR (20) | 9.28 | HIGH VOLATILITY | The high ATR as a percentage value for SATG suggests high volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for SATG suggests a possible start of a new trend. |
SATG Chart- and CandleStick Pattern Analysis
SATG Technicals: Chart, Performance Metrics, Trend & Indicators
21.83
+0.59 (+2.78%)
LEVERAGE SHARES 2X SATS / SATG TA FAQ
What is the technical rating for SATG stock?
ChartMill assigns a technical rating of 6 / 10 to SATG.
Can you provide the trend direction for LEVERAGE SHARES 2X SATS?
The current trend direction for LEVERAGE SHARES 2X SATS (SATG) is Bullish.
What is the RSI signal for SATG stock?
LEVERAGE SHARES 2X SATS (SATG) has an RSI value of 65.1039. This indicates that the stock is currently neutral.
What is the short term momentum for LEVERAGE SHARES 2X SATS (SATG) stock?
The short term momentum for LEVERAGE SHARES 2X SATS (SATG) is positive.
What is the buy/sell signal for SATG stock?
The buy/sell signal for LEVERAGE SHARES 2X SATS (SATG) is buy as both the short term and long term trends are positive.