Technical Analysis for TSAT - Telesat Corporation

Grade Last Price % Change Price Change
D 11.24 1.86% 0.21
TSAT closed up 0.64 percent on Wednesday, November 20, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 1.86%
Lizard Bullish Bullish Day Trade Setup 1.86%
Doji - Bullish? Reversal 1.86%
Lower Bollinger Band Touch Weakness 1.86%
Below Lower BB Weakness 2.51%
Down 3 Days in a Row Weakness 2.51%
Lower Bollinger Band Touch Weakness 2.51%
Fell Below 20 DMA Bearish -6.29%
Fell Below 50 DMA Bearish -6.29%
Expansion Pivot Sell Setup Bearish Swing Setup -6.29%

   Recent Intraday Alerts

Alert Time
Up 5% about 1 hour ago
Gapped Up (Full) about 1 hour ago
Lizard Bullish Entry about 1 hour ago
Hammer Candlestick Entry about 1 hour ago
Rose Above Previous Day's High about 1 hour ago

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Profile

Telesat Corporation Description

Telesat Canada, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services that include satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services comprising space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; rural telephony to telecommunications carriers and network services integrators; and other satellite services. In addition, it offers direct-to-consumer broadband services; communications services for the oil and gas and mining industries; and broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels. Further, the company operates satellite and hybrid satellite/terrestrial networks. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, research and development, and satellite control services. The company offers its services primarily through a direct sales force. As of December 31, 2020, it operated a fleet of 15 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was formerly known as Telesat Holdings Inc. The company was founded in 1969 and is headquartered in Ottawa, Canada. Telesat Canada is a subsidiary of Loral Space & Communications Inc.


Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Telecommunications Broadband Communications Services Satellite Internet Access Cable Network Satellite Services Communications Satellite Rural Telephony Telecommunications Carriers Telesat

Is TSAT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

T

TraderMike over 1 year ago

IMG_2480.png 351 KB
this one worked out well! I saw this on the Calm After Storm scan over the weekend. I liked the recent momentum and relatively gentle pullback. It triggered just after 10:00 & 3.5 hours later I’m sitting on a 17% gain. 🎉

0 Reply
T

TraderMike about 1 year ago

I sold the other half today at $21.91 -- a 45% gain. Definitely keeping this on a watchlist & looking for a pullback

0 Reply
T

TraderMike over 1 year ago

Just sold half my shares up 25%.  Trailing a stop on the rest

0 Reply

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Indicators

Indicator Value
52 Week High 15.02
52 Week Low 6.93
Average Volume 55,490
200-Day Moving Average 9.65
50-Day Moving Average 12.57
20-Day Moving Average 12.27
10-Day Moving Average 11.85
Average True Range 0.96
RSI (14) 39.39
ADX 17.55
+DI 18.88
-DI 28.91
Chandelier Exit (Long, 3 ATRs) 11.93
Chandelier Exit (Short, 3 ATRs) 12.99
Upper Bollinger Bands 13.70
Lower Bollinger Band 10.83
Percent B (%b) 0.07
BandWidth 23.36
MACD Line -0.33
MACD Signal Line -0.18
MACD Histogram -0.1469
Fundamentals Value
Market Cap 148.75 Million
Num Shares 13.5 Million
EPS 9.31
Price-to-Earnings (P/E) Ratio 1.18
Price-to-Sales 0.66
Price-to-Book 0.27
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.50
Resistance 3 (R3) 12.36 11.72 12.26
Resistance 2 (R2) 11.72 11.35 11.80 12.17
Resistance 1 (R1) 11.38 11.12 11.55 11.52 12.09
Pivot Point 10.74 10.74 10.83 10.82 10.74
Support 1 (S1) 10.40 10.37 10.57 10.54 9.97
Support 2 (S2) 9.76 10.14 9.84 9.89
Support 3 (S3) 9.42 9.76 9.81
Support 4 (S4) 9.56