Technical Analysis for TSAT - Telesat Corporation

Grade Last Price % Change Price Change
F 7.38 3.94% 0.28
TSAT closed up 3.94 percent on Thursday, May 2, 2024, on 43 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
Stochastic Reached Oversold Weakness 3.94%
Inside Day Range Contraction 3.94%
Oversold Stochastic Weakness 3.94%
Lower Bollinger Band Touch Weakness 1.79%
Lower Bollinger Band Touch Weakness 3.36%
20 DMA Resistance Bearish 0.68%
Outside Day Range Expansion 0.68%
NR7 Range Contraction -4.28%
NR7-2 Range Contraction -4.28%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 16 hours ago
Outside Day about 16 hours ago
Fell Below Previous Day's Low about 16 hours ago
Down 1% about 16 hours ago
Reversed from Up about 17 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 9 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 8 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 9 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 6.9
Average Volume 43,091
200-Day Moving Average 11.07
50-Day Moving Average 8.42
20-Day Moving Average 7.57
10-Day Moving Average 7.49
Average True Range 0.41
RSI (14) 41.52
ADX 35.44
+DI 12.33
-DI 27.61
Chandelier Exit (Long, 3 ATRs) 7.00
Chandelier Exit (Short, 3 ATRs) 8.16
Upper Bollinger Bands 8.13
Lower Bollinger Band 7.00
Percent B (%b) 0.33
BandWidth 14.92
MACD Line -0.35
MACD Signal Line -0.36
MACD Histogram 0.016
Fundamentals Value
Market Cap 99.53 Million
Num Shares 13.5 Million
EPS 9.31
Price-to-Earnings (P/E) Ratio 0.79
Price-to-Sales 0.66
Price-to-Book 0.27
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.15
Resistance 3 (R3) 8.11 7.82 8.02
Resistance 2 (R2) 7.82 7.63 7.84 7.97
Resistance 1 (R1) 7.60 7.50 7.71 7.64 7.93
Pivot Point 7.31 7.31 7.37 7.33 7.31
Support 1 (S1) 7.09 7.12 7.20 7.13 6.83
Support 2 (S2) 6.80 6.99 6.82 6.79
Support 3 (S3) 6.58 6.80 6.74
Support 4 (S4) 6.62