We assign a technical rating of 8 out of 10 to SATL. In the last year, SATL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- SATL is part of the Aerospace & Defense industry. There are 73 other stocks in this industry. SATL outperforms 75% of them.
- In the last month SATL has a been trading in the 1.82 - 3.93 range, which is quite wide. It is currently trading near the high of this range.
- SATL has an average volume of 4936390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SATL did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- SATL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SATL is lagging the market.
- Volume is considerably higher in the last couple of days.
Although SATL has an excellent technical rating, it does not offer a high quality setup 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
2.12
We found 4 important support areas.
- A support zone ranging from 3.63 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.48 from a horizontal line in the daily time frame.
- Support @3.28 from a horizontal line in the daily time frame.
- Support @2.14 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.65 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.76 to 3.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.15 to 4.17. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for SATL is up. |
| ChartMill Relative Strength | 92.28 | POSITIVE | SATL has a high relative strength, it outperformed 92.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SATL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SATL is above 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) | 74.67 | OVERBOUGHT | The high RSI value suggests SATL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SATL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.3 | OVERBOUGHT | The high Stochastics value suggests SATL may be overbought. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for SATL suggests high volalility. |
| Average Directional Index/ADX (14) | 47.76 | POSITIVE | The high ADX value value for SATL suggests a strong trend. |
3.64
+0.08 (+2.25%)
SATELLOGIC INC-A / SATL FAQ
What is the ChartMill technical rating of SATELLOGIC INC-A (SATL) stock?
ChartMill assigns a technical rating of 8 / 10 to SATL.
What is the current trend direction of SATELLOGIC INC-A (SATL) stock?
The current trend direction for SATELLOGIC INC-A (SATL) is Bullish.
Can you provide the RSI signal for SATELLOGIC INC-A?
SATELLOGIC INC-A (SATL) has an RSI value of 74.6742. This indicates that the stock is currently overbought.
What is the MACD signal for SATELLOGIC INC-A (SATL) stock?
The MACD indicator for SATELLOGIC INC-A (SATL) has a value of 0.126727, indicating a bearish trend.
Can you provide the support and resistance levels for SATELLOGIC INC-A?
SATELLOGIC INC-A (SATL) has a support level at 3.64 and a resistance level at 3.65. Check the full technical report for our detailed analysis of SATL support and resistance levels.