GLOBALSTAR INC (GSAT) Stock Technical Analysis
NASDAQ:GSAT - Nasdaq - US3789735079 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GSAT. GSAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GSAT is a bad performer in the overall market: 79% of all stocks are doing better.
GSAT is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 76% of 31 stocks in the same industry do better.
GSAT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GSAT is lagging the market.
In the last month GSAT has a been trading in the 18.88 - 26.99 range, which is quite wide. It is currently trading near the lows of this range.
GSAT has an average volume of 11342700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
GSAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
15.30
24.57
We found 4 important support areas.
- Support @20.67 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.57 to 19.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.75 to 15.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @15.45 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @23.61 from a trend line in the daily time frame.
- Resistance @24.33 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.93
Mansfield-0.46
10 Day High23.49
10 Day Low18.88
20 Day High26.99
20 Day Low18.88
52 Week High41.1
52 Week Low15
Performance
1 Week4.45%
2 Weeks-2.31%
1 Month-2.75%
3 Month-26.19%
6 Month15.15%
12 Month-2.75%
2 Year12.45%
3 Year21.98%
5 Year252.43%
10 Year-44.21%
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)0.12
RSI(14)42.83
LBB19.53
UBB24.3
21.59
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.14%
1 Week4.45%
2 Weeks-2.31%
1 Month-2.75%
3 Month-26.19%
6 Month15.15%
12 Month-2.75%
2 Year12.45%
3 Year21.98%
5 Year252.43%
10 Year-44.21%
15 YearN/A
Volatility
ATR(14)1.98
ATR(20)%8.57%
ATR Inc-2.47%
Range Today2.82
ADR(20)1.77
ADR(20)%8.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.93
Mansfield-0.46
10 Day High23.49
10 Day Low18.88
20 Day High26.99
20 Day Low18.88
52 Week High41.1
52 Week Low15
CS1 End20.67
CR1 Start23.61
Volume & EV
DER(3)-1.65%
DER(5)0.02%
Volume1.69M
Volume Incr-90.25%
Vol(5)1.10M
Vol(50)11.34M