Viasat had a nice pop today and is currently up 5.16% -- which is pretty good. Investors have a more positive outlook for the company and future revenue. It looks like VSAT could be hitting an upward sloping resistance line. Most traders won't try to short a stock when the line is upsloping.
But it may be a good time to take profit or wait for a better entry point for a long position. Let's also consider momentum! Viasat has been on a tear lately and has decent upward momentum, when assets move up like that, they have a habit of breaking through resistance points.
so unless you know something I don't, it probably wouldn't short a stock like this. Year over year, the Communication Equipment company has returned 613.76 percent to its shareholders.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $42.66 level, hard to say where it will go from there though.
The analysts are pretty neutral on Viasat right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-02-23 Barclays lowered their price target by -6.67% to $28.00. Needham & Company LLC dropped their price target by -30% to $35.00 on 2023-11-09. JPMorgan Chase & Co. announced an upgrade on 2023-10-17 from Neutral to Overweight but dropped their 1 year price target to $30.00 which is down from $35.00. On 2023-10-17 Deutsche Bank Aktiengesel started covering Viasat with a rating of Hold and added a price target of $22.00. Morgan Stanley announced a lowering of their price target to $33.00 from $34.00 on 2023-09-06. Raymond James reiterated a rating of Market Perform on 2023-07-13. Bank of America gave a boost to their price target and moved to $81.00 from $79.00 on 2023-05-26.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| VSAT | 0.22 | 0.45 | 0 | 0.45 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| VSAT | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| VSAT | 7.98 | %8.26213 | 6.9 | 8.646 | 10250000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Communication Equipment | 29 | 0.87 | 3.42 | 10.56 | 20.26 | 42.81 | 178.53 | 68.21 | 40.13 | 30.06 | 32.16 | -4944.09 | -19555.98 | 0.00 | 3.45 | 3.63 | 0.37 |
| Technology | 295 | 1.52 | 4.48 | 9.72 | 6.73 | 21.70 | 115.35 | 61.95 | 1.26 | -0.03 | -0.61 | -24480.53 | -14976.58 | 1.86 | 0.85 | 3.80 | 0.85 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| VSAT |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RHP | Ryman Hospitality Propert | 0.74 | -0.96 | 2.75 | 10.34 | 8.09 | 12.68 | 18.48 | 83 | -0.22 | -0.80 | 0.71 | -571.74 | -6433.48 | 0 | 0 | 2.91816 |
| BA | Boeing Company | 0.68 | 0.07 | 1.76 | 8.71 | -10.07 | 4.49 | 40.59 | 80 | -3.07 | -3.92 | -1.53 | -2335.91 | -2543.01 | 0 | 0 | 2.53735 |
| XHR | Xenia Hotels & Resorts, I | 0.67 | -2.09 | 2.37 | 9.39 | 9.84 | 24.59 | 63.52 | 66 | 22.04 | 24.24 | 37.52 | -638.36 | -19744.54 | 0 | 0 | 4.63005 |
| PK | Park Hotels & Resorts Inc | 0.62 | -1.31 | 1.43 | 7.90 | 0.62 | 2.53 | 17.63 | 63 | -0.47 | -1.17 | -0.24 | -24281.70 | 75.84 | 0 | 0 | 5.9048 |
| INN | Summit Hotel Properties, | 0.61 | -0.83 | 0.84 | 9.13 | -1.24 | -12.45 | 21.32 | 71 | -4.79 | -24.76 | -20.66 | -4760.19 | -2958.89 | 0 | 0 | 6.30595 |
| MGM | MGM RESORTS INTERNATIONAL | 0.61 | 4.44 | 3.87 | 5.47 | 14.17 | 18.21 | 29.51 | 56 | 15.47 | 14.98 | 19.47 | -19.83 | -10889.07 | 0 | 0 | 3.77688 |
| RLJ | RLJ Lodging Trust | 0.6 | -1.71 | 1.13 | 5.79 | 7.34 | 18.76 | 17.89 | 57 | 4.98 | 5.65 | 9.65 | -484.50 | -8144.10 | 0 | 0 | 5.67474 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.