SATIXFY COMMUNICATIONS LTD (SATX) Technical Analysis
NYSEARCA:SATX • IL0011898850
Current stock price
SATX Technical Rating and Analysis
Overall SATX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SATX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SATX did better than 98% of all other stocks.
- SATX is part of the Communications Equipment industry. There are 48 other stocks in this industry. SATX outperforms 89% of them.
- SATX 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 SATX is leading the market.
- In the last month SATX has a been trading in a tight range between 2.85 and 2.99.
- Volume is considerably higher in the last couple of days.
SATX Weekly and Daily overview Charts
SATX Setup Rating and Analysis
Although SATX has an excellent technical rating, it does not offer a high 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
SATX Support and Resistance Analysis
1.52
We found 2 important support areas.
- A support zone ranging from 2.86 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.97 to 2.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
SATX 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 SATX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SATX is up. |
| ChartMill Relative Strength | 98.64 | POSITIVE | SATX has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SATX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SATX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SATX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.01 | OVERBOUGHT | The high RSI value suggests SATX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SATX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.29 | NEUTRAL | The Stochastics value for SATX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for SATX suggests low volalility. |
| Average Directional Index/ADX (14) | 57.37 | POSITIVE | The high ADX value value for SATX suggests a strong trend. |
SATX Chart- and CandleStick Pattern Analysis
SATX Technicals: Chart, Performance Metrics, Trend & Indicators
2.96
+0.03 (+1.02%)
SATIXFY COMMUNICATIONS LTD / SATX TA FAQ
What is the technical rating for SATX stock?
ChartMill assigns a technical rating of 10 / 10 to SATX.
What is the trend direction for SATX stock?
The current trend direction for SATIXFY COMMUNICATIONS LTD (SATX) is Bullish.
What is the RSI signal for SATIXFY COMMUNICATIONS LTD (SATX) stock?
SATIXFY COMMUNICATIONS LTD (SATX) has an RSI value of 76.0128. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SATIXFY COMMUNICATIONS LTD?
The short term momentum for SATIXFY COMMUNICATIONS LTD (SATX) is positive.
What is the buy/sell signal for SATX stock?
The buy/sell signal for SATIXFY COMMUNICATIONS LTD (SATX) is buy as both the short term and long term trends are positive.