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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Telesat Corporation (NASDAQ:TSAT)

Sidelines Mode (-55) - TSAT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TSAT?

MarketClub looks at technical strength and momentum to determine if the timing is right for TSAT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TSAT
Open High Low TSAT Price Change
7.390 7.895 7.390 7.600 +0.210
Entry Signal

MarketClub’s Trade Triangles for TSAT

long term down The long-term trend has been DOWN since Jan 10th, 2024 at 9.67

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 8.28

short term up The short-term trend has been UP since May 9th, 2024 at 7.48

Smart Scan Analysis for TSAT

Based on our trend formula, TSAT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TSAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.390 7.895 7.390 7.600 +0.210
Prev. Close Volume Bid Ask Time
7.390 12491 2024-05-09 13:24:03
52wk High22.7552wk High Date2023-08-24
52wk Low6.952wk Low Date2023-05-31
Average Volume28,308Shares Outstanding11,905
Assets627,435,500MLiabilities561,243,700M
P/E Ratio0.8676
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