SATS Technical Analysis - ECHOSTAR CORP-A

Technical Rating and Analysis

We assign a technical rating of 9 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.

Both the short term and long term trends are positive. This is a very positive sign.

SATS is part of the Media industry. There are 99 other stocks in this industry. SATS outperforms 95% of them.

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.

In the last month SATS has a been trading in the 26.52 - 85.37 range, which is quite wide. It is currently trading near the high of this range.

SATS has an average volume of 5340350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the yearly performance of all stocks, we notice that SATS is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ECHOSTAR CORP-A / SATS Weekly stock chart

ECHOSTAR CORP-A / SATS Daily stock chart

Setup Rating and Analysis

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

25.60

72.53

We found 2 important support areas.

Support @69.80 from a horizontal line in the daily time frame.
Support @25.86 from a horizontal line in the daily time frame.

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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	98.29	POSITIVE	SATS has a high relative strength, it outperformed 98.29% 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)	68.02	NEUTRAL	The RSI value for SATS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.28	NEGATIVE	The MACD value suggests SATS has a negative trend.
Stochastics (14,3)	55.87	NEUTRAL	The Stochastics value for SATS is a neutral value.
Average True Range in percent/ATR (20)	7.93	HIGH VOLATILITY	The high ATR as a percentage value for SATS suggests high volalility.
Average Directional Index/ADX (14)	54.97	POSITIVE	The high ADX value value for SATS suggests a strong trend.