SATIXFY COMMUNICATIONS LTD (SATX) Stock Technical Analysis
NYSEARCA:SATX - NYSE Arca - IL0011898850 - Common Stock - Currency: USD
Taking everything into account, SATX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SATX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, SATX did better than 97% of all other stocks. On top of that, SATX also shows a nice and consistent pattern of rising prices.
SATX is part of the Communications Equipment industry. There are 51 other stocks in this industry. SATX outperforms 98% of them.
SATX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SATX is lagging the market.
In the last month SATX has a been trading in the 1.02 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SATX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.21, a Stop Loss order could be placed below this zone.
More info and screens
0.60
1.57
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.11 from a trend line in the daily time frame.
- Support @0.78 from a trend line in the weekly time frame.
- Support @0.70 from a trend line in the weekly time frame.
- Support @0.61 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.55 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
CRS97.56
Mansfield6.19
10 Day High1.67
10 Day Low1.13
20 Day High1.67
20 Day Low1.02
52 Week High2.39
52 Week Low0.5
Performance
1 Week3.73%
2 Weeks13.93%
1 Month3.73%
3 Month67.47%
6 Month110.61%
12 Month135.2%
2 Year2.96%
3 YearN/A
5 YearN/A
10 YearN/A
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
RSI(14)54.03
LBB1
UBB1.57
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.41 | 1.19 | 0.22 (15.60%) | 6.41% |
| An entry @1.41. This is a Buy Stop order right above the resistance zone. | An exit @1.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 15.60%. | When investing 6.41% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SATX. Please evaluate whether better entry and exit points can be found.
- 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.
1.39
+0.04 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.96%
1 Week3.73%
2 Weeks13.93%
1 Month3.73%
3 Month67.47%
6 Month110.61%
12 Month135.2%
2 Year2.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%11.24%
ATR Inc-11.02%
Range Today0.15
ADR(20)0.16
ADR(20)%11.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.56
Mansfield6.19
10 Day High1.67
10 Day Low1.13
20 Day High1.67
20 Day Low1.02
52 Week High2.39
52 Week Low0.5
CS1 End1.21
CR1 Start1.4
Volume & EV
DER(3)-0.55%
DER(5)-7.41%
Volume265.60K
Volume Incr56.81%
Vol(5)204.68K
Vol(50)295.44K