POWERFLEET INC (AIOT) Stock Technical Analysis
USA - NASDAQ:AIOT - US73931J1097 - Common Stock
We assign a technical rating of 6 out of 10 to AIOT. AIOT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
AIOT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.92, a Stop Loss order could be placed below this zone.
More info and screens
4.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.92 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.77 from a trend line in the daily time frame.
- A support zone ranging from 4.65 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @5.36 from a trend line in the daily time frame.
- A resistance zone ranging from 5.53 to 5.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AIOT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIOT is neutral. |
| ChartMill Relative Strength | 79.87 | POSITIVE | AIOT has a high relative strength, it outperformed 79.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AIOT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AIOT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for AIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AIOT has a negative trend. |
| Stochastics (14,3) | 32.47 | NEUTRAL | The Stochastics value for AIOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for AIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for AIOT suggests a weak or negative trend. |
5.1
+0.13 (+2.62%)
POWERFLEET INC / AIOT FAQ
What is the technical rating for AIOT stock?
ChartMill assigns a technical rating of 6 / 10 to AIOT.
What is the current trend direction of POWERFLEET INC (AIOT) stock?
The current trend direction for POWERFLEET INC (AIOT) is Bearish.
What is the RSI signal for AIOT stock?
POWERFLEET INC (AIOT) has an RSI value of 47.0574. This indicates that the stock is currently neutral.
What is the MACD signal for POWERFLEET INC (AIOT) stock?
The MACD indicator for POWERFLEET INC (AIOT) has a value of -0.0450825, indicating a bearish trend.
What is the short term momentum for AIOT stock?
The short term momentum for POWERFLEET INC (AIOT) is neutral.