Last week, the S&P index closed slightly higher, rising by 1.2% (48.84 points) and reaching a value of 4105.02 points. Some AI robots showed even more significant dynamics.
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Next week, we are expecting some factors to significantly influence the market. On Wednesday, data on the Core Consumer Price Index (CPI) (MoM) will be released. On Thursday, we will see the Producer Price Index (PPI) (MoM) (Mar) and the number of initial claims for unemployment benefits. Finally, on Friday, we will have the volume of retail sales (MoM) (Mar) to analyze.
In general, the week promises to be calm.
The Moving Average Convergence Divergence (MACD) for GSAT turned positive on May 05, 2023. Looking at past instances where GSAT's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 09, 2023. You may want to consider a long position or call options on GSAT as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
GSAT moved above its 50-day moving average on May 16, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for GSAT crossed bullishly above the 50-day moving average on May 19, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GSAT advanced for three days, in of 225 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for GSAT moved out of overbought territory on May 24, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GSAT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GSAT broke above its upper Bollinger Band on May 22, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for GSAT entered a downward trend on May 11, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GSAT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.854) is normal, around the industry mean (5.742). P/E Ratio (0.000) is within average values for comparable stocks, (133.717). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (10.093). Dividend Yield (0.000) settles around the average of (0.110) among similar stocks. P/S Ratio (12.210) is also within normal values, averaging (66.573).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of mobile satellite services
|MFs / NAME||Price $||Chg $||Chg %|
|Firsthand Technology Opportunities|
|Goldman Sachs International Eq Inc R|
|ClearBridge Large Cap Value I|
|Transamerica Large Value Opps R4|
|American Funds Capital Income Bldr 529C|
A.I.dvisor indicates that over the last year, GSAT has been loosely correlated with S. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if GSAT jumps, then S could also see price increases.
|S - GSAT|
|GOGO - GSAT|
|OOMA - GSAT|
|LILAK - GSAT|
|LILA - GSAT|