GLOBALSTAR INC. - 1H - Technical analysis published on 02/14/2024 (GMT)
- 162
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
44%
17%
39%
My opinion
Neutral between 1.59 USD and 1.71 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.71 USD. The first support is located at 1.59 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GLOBALSTAR INC. rating 1.67 USD. On the day, this instrument gained +4.38% and was between 1.61 USD and 1.68 USD. This implies that the price is at +3.73% from its lowest and at -0.60% from its highest.1.61
1.68
1.67
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GLOBALSTAR INC. indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.24 | 1.52 | 1.59 | 1.67 | 1.71 | 1.86 | 1.96 |
| Change (%) | -25.75% | -8.98% | -4.79% | - | +2.40% | +11.38% | +17.37% |
| Change | -0.43 | -0.15 | -0.08 | - | +0.04 | +0.19 | +0.29 |
| Level | Major | Major | Intermediate | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.49 | 1.54 | 1.57 | 1.62 | 1.65 | 1.70 | 1.73 |
| Camarilla | 1.58 | 1.59 | 1.59 | 1.60 | 1.61 | 1.62 | 1.62 |
| Woodie | 1.48 | 1.54 | 1.56 | 1.62 | 1.64 | 1.70 | 1.72 |
| Fibonacci | 1.54 | 1.57 | 1.59 | 1.62 | 1.65 | 1.67 | 1.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.43 | 1.49 | 1.60 | 1.66 | 1.77 | 1.83 | 1.94 |
| Camarilla | 1.66 | 1.68 | 1.69 | 1.71 | 1.73 | 1.74 | 1.76 |
| Woodie | 1.46 | 1.50 | 1.63 | 1.67 | 1.80 | 1.84 | 1.97 |
| Fibonacci | 1.49 | 1.56 | 1.60 | 1.66 | 1.73 | 1.77 | 1.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.87 | 1.23 | 1.41 | 1.77 | 1.95 | 2.31 | 2.49 |
| Camarilla | 1.44 | 1.49 | 1.54 | 1.59 | 1.64 | 1.69 | 1.74 |
| Woodie | 0.78 | 1.19 | 1.32 | 1.73 | 1.86 | 2.27 | 2.40 |
| Fibonacci | 1.23 | 1.44 | 1.56 | 1.77 | 1.98 | 2.10 | 2.31 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.47 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.90 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 1.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.70 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.71 | |
| Zig ZAG (10): | 1.66 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 55.56 | |
| TEMA (21): | 1.66 | |
| Williams %R (14): | -46.67 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 1.7800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 6.39 |
| MA7: | 1.65 | |
| MA20: | 1.65 | |
| MA50: | 1.72 | |
| MA100: | 1.54 | |
| MAexp7: | 1.66 | |
| MAexp20: | 1.66 | |
| MAexp50: | 1.66 | |
| MAexp100: | 1.67 | |
| Price / MA7: | +1.21% | |
| Price / MA20: | +1.21% | |
| Price / MA50: | -2.91% | |
| Price / MA100: | +8.44% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +0.60% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | -0% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
The latest news and videos published on GLOBALSTAR INC. at the time of the analysis were as follows:
- Globalstar Announces Second Quarter 2023 Results
- Globalstar, Inc. Earnings Release and Call Notice
- Globalstar Announces Engagement With Jason Bernstein to Provide Strategic Advice on Investor Relations and Outreach
- Globalstar Announces First Quarter 2023 Results
- Globalstar, Inc. Earnings Release and Call Notice
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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