Will gsat stock go up today

**The forecast for GSAT stock is mixed**, with a slight inclination towards a positive movement: 1. **Technical Indicators**: GSAT's technical indicators show a bullish sentiment. The Relative Strength Index (RSI) is at 89.7, which is considered to be in the overbought territory but also suggests strong buying momentum. The Moving Average Convergence Divergence (MACD) is at 0.11, and the KDJ indicator is at 97.53, both of which could suggest a potential pullback or consolidation rather than a direct upward movement. 2. **Market Sentiment and Recent News**: The announcement of an extended services agreement with Apple Inc. has significantly boosted Globalstar's shares, indicating a positive market sentiment. This partnership could provide a strong foundation for future growth and stability in the satellite communications market. 3. **Price Target and Analyst Ratings**: The average one-year price target for GSAT is $4.04, with a wide range from $1.00 to $7.48. This suggests that analysts see potential for growth, although the current price is above the average target, indicating that a price drop might be necessary for the stock to meet its average price target. 4. **Conclusion**: While the technical indicators do not conclusively suggest an upward movement, the positive market sentiment from the Apple partnership and the higher price target indicate that GSAT stock may go up today. However, investors should consider their risk tolerance and investment horizon, as the mixed signals from technical indicators and the potential for consolidation or pullback cannot be ignored. **Note**: The analysis is based on available data and market conditions at the time of writing. Investors should conduct their own due diligence and consider their investment goals and risk tolerance before making any investment decisions.