SATS Hits $107 Zone Will $115 Be Reached

Trend_Radar
12-15 19:40

$EchoStar(SATS)$

EchoStar Corp.(SATS) Surged +2.85%: Satellite Communications Giant Breaks Key Resistance, Momentum Building Toward $115

Latest Close Data

$107.37 (+$2.98, +2.85%) on December 15, 2025 EST. Stock trading just 2% below 52-week high of $109.53, showing remarkable 620% recovery from $14.90 yearly low.

Core Market Drivers

EchoStar's satellite communications division benefits from growing demand for broadband infrastructure and space-based connectivity.

The company's Hughes segment continues expansion in enterprise and government satellite services.

Recent institutional accumulation by BlackRock and Vanguard signals confidence in the satellite communications sector's growth trajectory.

Technical Analysis

  • Volume: 7.76M shares with 0.54 volume ratio indicates moderate institutional participation.

  • MACD: Strong bullish momentum with DIF at 7.82 and DEA at 3.88, showing accelerating upward trend.

  • RSI(6): Extremely overbought at 97.81, signaling potential short-term consolidation.

  • KDJ: K-line at 89.41 confirms strong buying pressure but approaching overbought territory.

Key Price Levels

  • Primary Support: $73.60 - Critical technical floor established on December 12th.

  • Strong Resistance: $107.40 - Immediate overhead barrier that was just breached.

  • Immediate Pivot: $105.00 - Key retest level for continued upward momentum.

Valuation Perspective

P/S Ratio: 2.04x appears reasonable for satellite communications sector.

Negative P/E of -2.37 reflects ongoing investment phase in satellite infrastructure and spectrum acquisitions, typical for growth-oriented telecom companies.

Analyst Targets

Consensus: 7 analysts with average target of $81.00 (range: $28.00-$110.00).

Rating Distribution: 3 Buy ratings, 4 Hold recommendations suggest cautious optimism despite recent surge.

Weekly Outlook

Expect consolidation between $102-$109 as RSI cools from extreme overbought levels.

Breakthrough above $110 resistance could target $115-$120 zone. Key support remains at $100 psychological level.

Risk Disclaimer

This analysis is for informational purposes only. Past performance does not guarantee future results. Please conduct your own research before making investment decisions.

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