Technical Analysis for TSAT - Telesat Corporation

Grade Last Price % Change Price Change
D 8.47 -6.92% -0.63
TSAT closed down 6.92 percent on Monday, July 1, 2024, on 1.92 times normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Crossed Above 20 DMA Bullish -6.92%
Crossed Above 50 DMA Bullish -6.92%
Expansion Pivot Buy Setup Bullish Swing Setup -6.92%
Pocket Pivot Bullish Swing Setup -6.92%
Volume Surge Other -6.92%
Wide Range Bar Range Expansion -6.92%
Wide Bands Range Expansion -6.92%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 5 hours ago
Fell Below 20 DMA about 9 hours ago
20 DMA Support about 9 hours ago
Down 5% about 9 hours ago
Down 3% about 9 hours 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 Communications Satellite Satellite Services 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 11 months 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 10 months 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
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TraderMike 11 months 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 22.74
52 Week Low 6.93
Average Volume 37,209
200-Day Moving Average 9.92
50-Day Moving Average 8.24
20-Day Moving Average 8.62
10-Day Moving Average 8.01
Average True Range 0.56
RSI (14) 50.74
ADX 23.11
+DI 30.95
-DI 17.98
Chandelier Exit (Long, 3 ATRs) 9.73
Chandelier Exit (Short, 3 ATRs) 9.22
Upper Bollinger Bands 10.46
Lower Bollinger Band 6.78
Percent B (%b) 0.46
BandWidth 42.65
MACD Line -0.11
MACD Signal Line -0.11
MACD Histogram -0.0038
Fundamentals Value
Market Cap 114.23 Million
Num Shares 13.5 Million
EPS 9.31
Price-to-Earnings (P/E) Ratio 0.91
Price-to-Sales 0.66
Price-to-Book 0.27
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.92
Resistance 3 (R3) 10.07 9.72 9.68
Resistance 2 (R2) 9.72 9.35 9.65 9.60
Resistance 1 (R1) 9.10 9.12 8.92 8.95 9.52
Pivot Point 8.75 8.75 8.67 8.68 8.75
Support 1 (S1) 8.13 8.38 7.96 7.99 7.42
Support 2 (S2) 7.78 8.15 7.71 7.34
Support 3 (S3) 7.16 7.78 7.26
Support 4 (S4) 7.02