SATELLOGIC INC-A (SATL) Stock Technical Analysis
NASDAQ:SATL - Nasdaq - US80401C1009 - Common Stock - Currency: USD
Overall SATL gets a technical rating of 8 out of 10. SATL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
In the last month SATL has a been trading in the 3.60 - 4.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SATL is one of the better performing stocks in the market, outperforming 98% of all stocks.
SATL is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 95% of 64 stocks in the same industry.
SATL has an average volume of 1100800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SATL 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 SATL is lagging the market slightly.
SATL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.70, a Stop Loss order could be placed below this zone.
More info and screens
2.71
4.79
We found 3 important support areas.
- A support zone ranging from 3.67 to 3.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.51 from a trend line in the daily time frame.
- Support @2.74 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.05 to 4.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.74 from a horizontal line in the daily 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 SATL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SATL is neutral. |
| ChartMill Relative Strength | 98.56 | POSITIVE | SATL has a high relative strength, it outperformed 98.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SATL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SATL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SATL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.01 | NEUTRAL | The RSI value for SATL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SATL has a negative trend. |
| Stochastics (14,3) | 12.37 | OVERSOLD | The low Stochastics value suggests SATL may be oversold. |
| Average True Range in percent/ATR (20) | 12.49 | HIGH VOLATILITY | The high ATR as a percentage value for SATL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.04 | NEUTRAL | The ADX value for SATL suggests a possible start of a new trend. |
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)
3.71
-0.06 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.59%
1 Week-20.39%
2 Weeks-12.29%
1 Month2.77%
3 Month4.36%
6 Month165%
12 Month228.32%
2 Year66.38%
3 Year-21.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%12.49%
ATR Inc-35.82%
Range Today0.19
ADR(20)0.45
ADR(20)%12.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.56
Mansfield5.88
10 Day High4.94
10 Day Low3.61
20 Day High4.94
20 Day Low3.61
52 Week High5.49
52 Week Low0.72
CS1 End3.7
CR1 Start4.05
Volume & EV
DER(3)-5.71%
DER(5)-7.43%
Volume1.88M
Volume Incr180.04%
Vol(5)3.06M
Vol(50)1.10M