TELESAT CORP (TSAT.CA) Stock Technical Analysis
TSX:TSAT - Toronto Stock Exchange - CA8795123097 - Common Stock - Currency: CAD
Overall TSAT gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TSAT has a been trading in the 31.27 - 40.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: TSAT has an average volume of 14339 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that TSAT is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by TSAT over the past year are nicely spread over this period.
TSAT is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 93% of 30 stocks in the same industry.
TSAT 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 TSAT is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although TSAT has an excellent technical rating, the quality of the presented setup is not ideal 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
20.75
32.72
3 important support areas can be observed.
- A support zone ranging from 23.31 to 23.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.70 from a trend line in the daily time frame.
- Support @20.96 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 TSAT.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSAT.CA is down. |
| ChartMill Relative Strength | 96.18 | POSITIVE | TSAT.CA has a high relative strength, it outperformed 96.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSAT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSAT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSAT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for TSAT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests TSAT.CA has a negative trend. |
| Stochastics (14,3) | 15.79 | OVERSOLD | The low Stochastics value suggests TSAT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for TSAT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.84 | POSITIVE | The high ADX value value for TSAT.CA 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)
TSX:TSAT (8/1/2025, 7:00:00 PM)
32.4
-0.82 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-2.47%
1 Week-9.27%
2 Weeks-12.43%
1 Month-7.35%
3 Month39.84%
6 Month20.18%
12 Month194.55%
2 Year20.27%
3 Year126.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%6.37%
ATR Inc-29.65%
Range Today1.82
ADR(20)1.97
ADR(20)%6.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.18
Mansfield3.07
10 Day High40.34
10 Day Low31.27
20 Day High40.34
20 Day Low31.27
52 Week High40.34
52 Week Low10.31
CS1 End23.66
CR1 StartN/A
Volume & EV
DER(3)-31.78%
DER(5)-30.05%
Volume11.60K
Volume Incr-39.91%
Vol(5)10.42K
Vol(50)14.34K