Taking everything into account, SATS scores 5 out of 10 in our technical rating. In the last year, SATS was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, SATS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 70.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 67.40, a Stop Loss order could be placed below this zone.
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25.60
We found 3 important support areas.
- A support zone ranging from 66.41 to 67.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.92 from a trend line in the daily time frame.
- Support @25.86 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 70.99 to 71.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @75.37 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 | NEUTRAL | NEUTRAL | The short term trend for SATS is neutral. |
| ChartMill Relative Strength | 96.96 | POSITIVE | SATS has a high relative strength, it outperformed 96.96% 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) | DOWN | NEGATIVE | The current price of SATS is below a declining 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) | 50.01 | NEUTRAL | The RSI value for SATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SATS has a positive trend. |
| Stochastics (14,3) | 59.74 | NEUTRAL | The Stochastics value for SATS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for SATS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for SATS suggests a strong trend. |
70.88
-0.12 (-0.17%)
ECHOSTAR CORP-A / SATS FAQ
Can you provide the ChartMill technical rating for ECHOSTAR CORP-A?
ChartMill assigns a technical rating of 5 / 10 to SATS.
Can you provide the trend direction for ECHOSTAR CORP-A?
The current trend direction for ECHOSTAR CORP-A (SATS) is Bullish.
What is the RSI signal for ECHOSTAR CORP-A (SATS) stock?
ECHOSTAR CORP-A (SATS) has an RSI value of 50.0143. This indicates that the stock is currently neutral.
What are the support and resistance levels for ECHOSTAR CORP-A (SATS) stock?
ECHOSTAR CORP-A (SATS) has a support level at 67.4 and a resistance level at 70.99. Check the full technical report for our detailed analysis of SATS support and resistance levels.