ECHOSTAR CORP-A (SATS) Stock Technical Analysis
USA - NASDAQ:SATS - US2787681061 - Common Stock
We assign a technical rating of 8 out of 10 to SATS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SATS is showing a nice and steady performance.
SATS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 72.38, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.63
3 important support areas can be observed.
- A support zone ranging from 72.23 to 72.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.69 from a trend line in the daily time frame.
- Support @26.90 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 | UP | POSITIVE | The short term trend for SATS is up. |
| ChartMill Relative Strength | 98.26 | POSITIVE | SATS has a high relative strength, it outperformed 98.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SATS is above 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) | 57.09 | NEUTRAL | The RSI value for SATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests SATS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.89 | NEUTRAL | The Stochastics value for SATS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for SATS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for SATS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 75.60 | 72.22 | 3.38 (4.47%) | 22.37% |
| An entry @75.60. This is a Buy Stop order right above the 10 day high. | An exit @72.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.38 points, which is 4.47%. | When investing 22.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SATS. Please evaluate whether better entry and exit points can be found.
- 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.
74.87
+1.71 (+2.34%)
ECHOSTAR CORP-A / SATS FAQ
Can you provide the ChartMill technical rating for ECHOSTAR CORP-A?
ChartMill assigns a technical rating of 8 / 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 57.0852. This indicates that the stock is currently neutral.
What is the buy/sell signal for ECHOSTAR CORP-A (SATS) stock?
The buy/sell signal for ECHOSTAR CORP-A (SATS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SATS stock?
ECHOSTAR CORP-A (SATS) has a support level at 72.38. Check the full technical report for our detailed analysis of SATS support and resistance levels.