ECHOSTAR CORP-A (SATS) Stock Technical Analysis
NASDAQ:SATS - Nasdaq - US2787681061 - Common Stock - Currency: USD
Taking everything into account, SATS scores 9 out of 10 in our technical rating. SATS 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SATS did better than 91% of all other stocks.
SATS is one of the better performing stocks in the Media industry, it outperforms 89% of 97 stocks in the same industry.
SATS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SATS is lagging the market slightly.
SATS has an average volume of 4239920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SATS has a been trading in the 23.87 - 33.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SATS 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.
More info and screens
16.58
31.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.59 to 29.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.20 to 17.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @16.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @31.36 from a horizontal 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 SATS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SATS is up. |
| ChartMill Relative Strength | 91.06 | POSITIVE | SATS has a high relative strength, it outperformed 91.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SATS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SATS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SATS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.18 | NEUTRAL | The RSI value for SATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SATS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.23 | NEUTRAL | The Stochastics value for SATS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for SATS suggests high volalility. |
| Average Directional Index/ADX (14) | 35.14 | POSITIVE | The high ADX value value for SATS suggests a strong 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)
29.6
-0.31 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.04%
1 Week-9.37%
2 Weeks6.86%
1 Month75.77%
3 Month36.09%
6 Month9.63%
12 Month53.37%
2 Year52.34%
3 Year49.8%
5 Year8.42%
10 Year-21.52%
15 Year90.74%
Volatility
ATR(14)1.57
ATR(20)%6.16%
ATR Inc-29.05%
Range Today0.79
ADR(20)1.45
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.06
Mansfield1.42
10 Day High33.03
10 Day Low27.49
20 Day High33.03
20 Day Low23.87
52 Week High33.03
52 Week Low14.79
CS1 End29.59
CR1 Start31.36
Volume & EV
DER(3)2.35%
DER(5)2.72%
Volume2.15M
Volume Incr-37.6%
Vol(5)2.88M
Vol(50)4.24M