SATIXFY COMMUNICATIONS LTD (SATX)

IL0011898850 - Common Stock

0.5876  +0.01 (+2.01%)

Technical Rating and Analysis

6

Taking everything into account, SATX scores 6 out of 10 in our technical rating. In the last year, SATX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

SATX is part of the Communications Equipment industry. There are 54 other stocks in this industry. SATX outperforms 98% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, SATX did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SATX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SATX is lagging the market slightly.
In the last month SATX has a been trading in the 0.50 - 0.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SATX Weekly chart
SATX Daily chart
Setup Rating and Analysis

6

SATX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for SATX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.30

0.70

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.52 from a horizontal line in the daily time frame.
  • Support @0.30 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.62 from a trend line in the weekly time frame.
  • A resistance zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield1.4
10 Day High0.61
10 Day Low0.52
20 Day High0.66
20 Day Low0.5
52 Week High0.81
52 Week Low0.28
Performance
1 Week0.44%
2 Weeks9.83%
1 Month-6.73%
3 Month61.03%
6 Month25.02%
12 Month33.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.89
LBB0.52
UBB0.62
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.

ENTRYEXITDISTANCECAPITAL
0.620.550.07 (11.29%)8.86%
An entry @0.62. This is a Buy Stop order right above the resistance zone.An exit @0.55. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.07 points, which is 11.29%.For a 1.00% total portfolio risk, you can invest 8.86% 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.
SATX Daily chart

SATIXFY COMMUNICATIONS LTD

NYSEARCA:SATX (5/2/2024, 7:18:07 PM)

0.5876

+0.01 (+2.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.01%
1 Week0.44%
2 Weeks9.83%
1 Month-6.73%
3 Month61.03%
6 Month25.02%
12 Month33.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%7.23%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.61
10 Day Low0.52
20 Day High0.66
20 Day Low0.5
52 Week High0.81
52 Week Low0.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume23.70K
Volume Incr-44.62%
Vol(5)27.06K
Vol(50)70.62K