ECHOSTAR CORP-A (SATS) Technical Analysis
NASDAQ:SATS • US2787681061
Current stock price
SATS Technical Rating and Analysis
Overall SATS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SATS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SATS is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by SATS over the past year are nicely spread over this period.
- SATS is part of the Media industry. There are 91 other stocks in this industry. SATS outperforms 97% of them.
- SATS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SATS is leading the market.
- In the last month SATS has a been trading in the 104.13 - 130.00 range, which is quite wide. It is currently trading near the high of this range.
- SATS has an average volume of 6514740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SATS Weekly and Daily overview Charts
SATS Setup Rating and Analysis
Although SATS has an excellent technical rating, the quality of the presented setup is not ideal 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
SATS Support and Resistance Analysis
105.95
2 important support areas can be observed.
- A support zone ranging from 111.51 to 115.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.02 to 108.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @131.10 from a horizontal line in the daily time frame.
SATS Technical Indicator Signal Analysis
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 | 99.08 | POSITIVE | SATS has a high relative strength, it outperformed 99.08% 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) | 64.97 | NEUTRAL | The RSI value for SATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests SATS has a positive trend. |
| Stochastics (14,3) | 79.5 | NEUTRAL | The Stochastics value for SATS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for SATS suggests high volalility. |
| Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for SATS suggests a weak or negative trend. |
SATS Chart- and CandleStick Pattern Analysis
SATS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 131.11 | 104.12 | 26.99 (20.59%) | 4.86% |
| An entry @131.11. This is a Buy Stop order right above the resistance zone. | An exit @104.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 26.99 points, which is 20.59%. | For a 1.00% total portfolio risk, you can invest 4.86% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SATS Technicals: Chart, Performance Metrics, Trend & Indicators
128.68
+8.08 (+6.7%)
ECHOSTAR CORP-A / SATS TA FAQ
Can you provide the ChartMill technical rating for ECHOSTAR CORP-A?
ChartMill assigns a technical rating of 10 / 10 to SATS.
What is the current trend direction of ECHOSTAR CORP-A (SATS) stock?
The current trend direction for ECHOSTAR CORP-A (SATS) is Bullish.
Can you provide the RSI signal for ECHOSTAR CORP-A?
ECHOSTAR CORP-A (SATS) has an RSI value of 64.9706. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ECHOSTAR CORP-A?
The short term momentum for ECHOSTAR CORP-A (SATS) is positive.
Can you provide the support and resistance levels for ECHOSTAR CORP-A?
ECHOSTAR CORP-A (SATS) has a support level at 115.44 and a resistance level at 131.1. Check the full technical report for our detailed analysis of SATS support and resistance levels.