GLOBALSTAR INC.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	GSAT
ISIN:

GLOBALSTAR INC. - Daily - Technical analysis published on 01/31/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

17%

56%

28%

My opinion

Bullish above 0.440 USD

My targets

0.496 USD (+3.59%)

0.530 USD (+10.65%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.440 USD remains possible. It is advisable to trade GLOBALSTAR INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.440 USD. The next bullish objective for buyers is set at 0.496 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.530 USD. If there is any crossing, the next objective would be the resistance located at 0.578 USD. PS: if there is a bearish break in the support located at 0.440 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

FORCE

1.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GLOBALSTAR INC. rating 0.479 USD. The price registered a decrease of -0.21% on the session and was between 0.474 USD and 0.482 USD. This implies that the price is at +1.05% from its lowest and at -0.62% from its highest.

0.474

0.482

0.479

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of GLOBALSTAR INC. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.343	0.399	0.440	0.479	0.485	0.578	0.616
Change (%)	-28.39%	-16.70%	-8.14%	-	+1.25%	+20.67%	+28.60%
Change	-0.136	-0.080	-0.039	-	+0.006	+0.099	+0.137
Level	Major	Intermediate	Major	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.453	0.466	0.473	0.487	0.493	0.507	0.514
Camarilla	0.474	0.476	0.478	0.480	0.482	0.484	0.486
Woodie	0.449	0.464	0.470	0.485	0.490	0.505	0.511
Fibonacci	0.466	0.474	0.479	0.487	0.494	0.499	0.507

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.440	0.460	0.475	0.495	0.510	0.530	0.545
Camarilla	0.480	0.484	0.487	0.490	0.493	0.496	0.500
Woodie	0.438	0.459	0.473	0.494	0.508	0.529	0.543
Fibonacci	0.460	0.473	0.482	0.495	0.508	0.517	0.530

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.193	0.286	0.403	0.496	0.613	0.706	0.823
Camarilla	0.461	0.480	0.500	0.519	0.538	0.557	0.577
Woodie	0.204	0.292	0.414	0.502	0.624	0.712	0.834
Fibonacci	0.286	0.367	0.416	0.496	0.577	0.626	0.706

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):	44.14
MACD (12,26,9):	-0.0010
Directional Movement:	-5.958
AROON (14):	-92.857
DEMA (21):	0.502
Parabolic SAR (0,02-0,02-0,2):	0.513
Elder Ray (13):	-0.018
Super Trend (3,10):	0.466
Zig ZAG (10):	0.479
VORTEX (21):	0.9070
Stochastique (14,3,5):	13.58
TEMA (21):	0.483
Williams %R (14):	-94.49
Chande Momentum Oscillator (20):	-0.037
Repulse (5,40,3):	-3.9980
ROCnROLL:	-1
TRIX (15,9):	0.2140
Courbe Coppock:	20.33

MA7:	0.487
MA20:	0.515
MA50:	0.469
MA100:	0.429
MAexp7:	0.487
MAexp20:	0.498
MAexp50:	0.477
MAexp100:	0.457
Price / MA7:	-1.64%
Price / MA20:	-6.99%
Price / MA50:	+2.13%
Price / MA100:	+11.66%
Price / MAexp7:	-1.64%
Price / MAexp20:	-3.82%
Price / MAexp50:	+0.42%
Price / MAexp100:	+4.81%

News

The latest news and videos published on GLOBALSTAR INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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