TELESAT CORP (TSAT) Technical Analysis
NASDAQ:TSAT • CA8795123097
Current stock price
40.57 USD
+3.51 (+9.47%)
At close:
40.71 USD
+0.14 (+0.35%)
After Hours:
TSAT Technical Rating and Analysis
Overall TSAT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TSAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that TSAT is one of the better performing stocks in the market, outperforming 94% 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 88% of 37 stocks in the same industry.
- TSAT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TSAT is performing more or less in line with the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month TSAT has a been trading in the 29.00 - 43.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSAT Weekly and Daily overview Charts
TSAT Setup Rating and Analysis
Although TSAT has an excellent technical rating, it does not present a decent entry opportunity 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
TSAT Support and Resistance Analysis
24.30
40.98
5 important support areas can be observed.
- A support zone ranging from 36.53 to 37.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.09 to 34.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @27.75 from a trend line in the weekly time frame.
- Support @25.48 from a trend line in the daily time frame.
- Support @24.55 from a trend line in the weekly time frame.
TSAT 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 TSAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSAT is up. |
| ChartMill Relative Strength | 94.16 | POSITIVE | TSAT has a high relative strength, it outperformed 94.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSAT is above the rising 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) | 56.97 | NEUTRAL | The RSI value for TSAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests TSAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.56 | NEUTRAL | The Stochastics value for TSAT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.72 | HIGH VOLATILITY | The high ATR as a percentage value for TSAT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.57 | POSITIVE | The high ADX value value for TSAT suggests a strong trend. |
TSAT Chart- and CandleStick Pattern Analysis
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)
TSAT Technicals: Chart, Performance Metrics, Trend & Indicators
40.57
+3.51 (+9.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg9.47%
1 Week7.64%
2 Weeks20.17%
1 Month23.04%
3 Month30.58%
6 Month53.39%
12 Month77.41%
2 Year334.98%
3 Year330.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.63
ATR(20)%8.72%
ATR Inc28.35%
Range Today3.5
ADR(20)3.16
ADR(20)%7.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.16
3 months CRS94.76
6 months CRS95.53
Mansfield4.75
10 Day High43.82
10 Day Low29.96
20 Day High43.82
20 Day Low29
52 Week High43.82
52 Week Low14.77
CS1 End37.05
CR1 StartN/A
Volume & EV
DER(3)-2.86%
DER(5)1.63%
Volume148.47K
Volume Incr171.9%
Vol(5)315.66K
Vol(50)186.00K
TELESAT CORP / TSAT TA FAQ
Can you provide the ChartMill technical rating for TELESAT CORP?
ChartMill assigns a technical rating of 10 / 10 to TSAT.
Can you provide the trend direction for TELESAT CORP?
The current trend direction for TELESAT CORP (TSAT) is Bullish.
Can you provide the RSI signal for TELESAT CORP?
TELESAT CORP (TSAT) has an RSI value of 56.9688. This indicates that the stock is currently neutral.
What is the MACD signal for TELESAT CORP (TSAT) stock?
The MACD indicator for TELESAT CORP (TSAT) has a value of 0.489509, indicating a bearish trend.
What is the short term momentum for TELESAT CORP (TSAT) stock?
The short term momentum for TELESAT CORP (TSAT) is positive.