ECHOSTAR CORP-A (SATS) Stock Technical Analysis
NASDAQ:SATS - Nasdaq - US2787681061 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SATS. In the last year, SATS was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SATS has a been trading in the 26.04 - 34.20 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.
When comparing the yearly performance of all stocks, we notice that SATS is one of the better performing stocks in the market, outperforming 88% of all stocks.
SATS is one of the better performing stocks in the Media industry, it outperforms 86% of 98 stocks in the same industry.
SATS has an average volume of 4029570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
SATS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SATS is lagging the market.
Although SATS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.58
32.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 26.32 to 26.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.50 from a trend line in the weekly time frame.
- Support @17.20 from a horizontal line in the weekly time frame.
- Support @16.75 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.38 to 29.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.23 from a horizontal line in the weekly time frame.
- Resistance @32.66 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 SATS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SATS is down. |
| ChartMill Relative Strength | 88.36 | POSITIVE | SATS has a high relative strength, it outperformed 88.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SATS is below a declining 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) | 44.11 | NEUTRAL | The RSI value for SATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests SATS has a negative trend. |
| Stochastics (14,3) | 7.64 | OVERSOLD | The low Stochastics value suggests SATS may be oversold. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for SATS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.06 | 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)
26.73
+0.4 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.52%
1 Week-9.42%
2 Weeks-4.94%
1 Month-18.16%
3 Month10.5%
6 Month-8.43%
12 Month59.53%
2 Year53.8%
3 Year45.19%
5 Year-9.02%
10 Year-26.24%
15 Year76.3%
Volatility
ATR(14)1.79
ATR(20)%6.04%
ATR Inc-17.63%
Range Today0.84
ADR(20)1.47
ADR(20)%5.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.36
Mansfield0.1
10 Day High34.2
10 Day Low26.04
20 Day High34.2
20 Day Low26.04
52 Week High34.2
52 Week Low14.79
CS1 End26.72
CR1 Start29.38
Volume & EV
DER(3)-0.69%
DER(5)-0.16%
Volume2.67M
Volume Incr115.09%
Vol(5)5.09M
Vol(50)4.03M