TELESAT CORP (TSAT) Stock Technical Analysis
NASDAQ:TSAT - Nasdaq - CA8795123097 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to TSAT. Although TSAT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TSAT has a been trading in the 14.77 - 18.33 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.
TSAT is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry. TSAT outperforms 78% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, TSAT did better than 90% of all other stocks. However, we also see that TSAT couldn't keep up this performance in the last couple of months.
TSAT 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 TSAT is lagging the market slightly.
Although the technical rating is only medium, TSAT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.40, a Stop Loss order could be placed below this zone.
More info and screens
15.17
17.63
We found 1 important support area.
- A support zone ranging from 15.32 to 15.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.75 to 15.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 16.14 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.17 to 17.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for TSAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSAT is down. |
| ChartMill Relative Strength | 90.86 | POSITIVE | TSAT has a high relative strength, it outperformed 90.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.32 | NEUTRAL | The RSI value for TSAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.69 | NEUTRAL | The Stochastics value for TSAT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for TSAT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.64 | NEGATIVE | The low ADX value for TSAT suggests a weak or negative 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)
NASDAQ:TSAT (5/23/2025, 9:00:11 PM)
15.67
-0.03 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.19%
1 Week-6.7%
2 Weeks-4.97%
1 Month1.75%
3 Month-18.04%
6 Month30.04%
12 Month65.82%
2 Year124.18%
3 Year-6.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%6.81%
ATR Inc-54.37%
Range Today0.58
ADR(20)1.04
ADR(20)%6.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.86
Mansfield0.94
10 Day High18.33
10 Day Low15.42
20 Day High18.33
20 Day Low14.77
52 Week High25.38
52 Week Low7.21
CS1 End15.4
CR1 Start15.75
Volume & EV
DER(3)2.52%
DER(5)-3.84%
Volume55.80K
Volume Incr-18.92%
Vol(5)59.82K
Vol(50)87.08K