Technical Analysis for TSAT - Telesat Corporation

Grade Last Price % Change Price Change
F 8.52 -8.49% -0.79
TSAT closed down 8.49 percent on Thursday, March 28, 2024, on 19.97 times normal volume.
Earnings due: Mar 29
*** please verify all earnings dates ***
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 50 DMA Bearish -8.49%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -8.49%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 17 hours ago
2x Volume Pace about 18 hours ago
1.5x Volume Pace about 18 hours ago
3x Volume Pace about 18 hours ago
10x Volume Pace about 18 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 7 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
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TraderMike 7 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 7 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 33,152
200-Day Moving Average 11.27
50-Day Moving Average 9.37
20-Day Moving Average 9.31
10-Day Moving Average 9.37
Average True Range 0.51
RSI (14) 38.27
ADX 17.19
+DI 14.48
-DI 29.85
Chandelier Exit (Long, 3 ATRs) 8.41
Chandelier Exit (Short, 3 ATRs) 9.57
Upper Bollinger Bands 10.13
Lower Bollinger Band 8.49
Percent B (%b) 0.02
BandWidth 17.54
MACD Line -0.04
MACD Signal Line 0.01
MACD Histogram -0.0489
Fundamentals Value
Market Cap 114.9 Million
Num Shares 13.5 Million
EPS 9.31
Price-to-Earnings (P/E) Ratio 0.92
Price-to-Sales 0.66
Price-to-Book 0.27
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.84
Resistance 3 (R3) 9.91 9.53 9.62
Resistance 2 (R2) 9.53 9.20 9.50 9.55
Resistance 1 (R1) 9.03 8.99 8.84 8.96 9.47
Pivot Point 8.65 8.65 8.56 8.62 8.65
Support 1 (S1) 8.15 8.32 7.96 8.08 7.57
Support 2 (S2) 7.77 8.11 7.74 7.49
Support 3 (S3) 7.27 7.77 7.42
Support 4 (S4) 7.20