ECHOSTAR CORP-A (SATS) Stock Technical Analysis
NASDAQ:SATS - Nasdaq - US2787681061 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SATS. SATS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SATS is a bad performer in the overall market: 85% of all stocks are doing better.
SATS is part of the Media industry. There are 98 other stocks in this industry, of which 63% are performing better than SATS.
SATS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SATS has a been trading in the 14.90 - 23.73 range, which is quite wide. It is currently trading near the lows of this range.
SATS has an average volume of 3295170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of SATS is bad and it also does not present a quality setup 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
17.09
22.43
When analyzing the support we notice one important area.
- Support @17.26 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @19.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.67 to 20.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.21 from a trend 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 | DOWN | NEGATIVE | The long term trend for SATS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SATS is down. |
| ChartMill Relative Strength | 15.06 | NEGATIVE | SATS has a low relative strength, it was outperformed by 84.94% 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) | DOWN | NEGATIVE | The current price of SATS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for SATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SATS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.13 | NEUTRAL | The Stochastics value for SATS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for SATS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.82 | 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)
17.27
+0.53 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg3.17%
1 Week6.6%
2 Weeks-13.43%
1 Month-12.69%
3 Month-33.93%
6 Month-26.01%
12 Month-0.97%
2 Year-0.4%
3 Year-10.52%
5 Year-38.23%
10 Year-56.34%
15 Year11.4%
Volatility
ATR(14)1.49
ATR(20)%8.75%
ATR Inc-40.39%
Range Today0.81
ADR(20)1.32
ADR(20)%7.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.06
Mansfield-2.88
10 Day High20.33
10 Day Low14.9
20 Day High23.73
20 Day Low14.9
52 Week High32.48
52 Week Low14.79
CS1 End17.26
CR1 Start19.03
Volume & EV
DER(3)-2.44%
DER(5)0.09%
Volume3.29M
Volume Incr27.07%
Vol(5)5.58M
Vol(50)3.30M