Logo image of GSAT

GLOBALSTAR INC (GSAT) Stock Technical Analysis

NYSEARCA:GSAT - American Stock Exchange - US3789734080 - Common Stock - Currency: USD

1.98  +0.08 (+4.21%)

Premarket: 1.9 -0.08 (-4.04%)

Technical Rating and Analysis

7

Taking everything into account, GSAT scores 7 out of 10 in our technical rating. 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.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GSAT is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 86% of 31 stocks in the same industry.
GSAT has an average volume of 17400500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GSAT did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
GSAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSAT is lagging the market.
In the last month GSAT has a been trading in the 1.79 - 2.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GLOBALSTAR INC / GSAT Weekly stock chart
GLOBALSTAR INC / GSAT Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, GSAT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.02

2.24

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 1.87 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.80 to 1.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @1.03 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @2.13 from a trend line in the daily time frame.
  • A resistance zone ranging from 2.21 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.11
Mansfield2.45
10 Day High2.04
10 Day Low1.79
20 Day High2.34
20 Day Low1.79
52 Week High2.74
52 Week Low1
Performance
1 Week6.45%
2 Weeks0%
1 Month2.59%
3 Month92.23%
6 Month58.4%
12 Month22.98%
2 Year40.43%
3 Year85.05%
5 Year315.97%
10 Year-18.18%
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)-0.01
RSI(14)51.73
LBB1.71
UBB2.21
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.141.860.28 (13.08%)7.64%
An entry @2.14. This is a Buy Stop order right above the resistance zone.An exit @1.86. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.28 points, which is 13.08%.When investing 7.64% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLOBALSTAR INC / GSAT Daily stock chart

GLOBALSTAR INC

NYSEARCA:GSAT (1/24/2025, 8:04:00 PM)

Premarket: 1.9 -0.08 (-4.04%)

1.98

+0.08 (+4.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg4.21%
1 Week6.45%
2 Weeks0%
1 Month2.59%
3 Month92.23%
6 Month58.4%
12 Month22.98%
2 Year40.43%
3 Year85.05%
5 Year315.97%
10 Year-18.18%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%7.07%
ATR Inc-14.56%
Range Today0.13
ADR(20)0.13
ADR(20)%6.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.11
Mansfield2.45
10 Day High2.04
10 Day Low1.79
20 Day High2.34
20 Day Low1.79
52 Week High2.74
52 Week Low1
CS1 End1.92
CR1 Start2.13
Volume & EV
DER(3)-0.59%
DER(5)0.83%
Volume9.60M
Volume Incr-34.53%
Vol(5)9.32M
Vol(50)17.40M