POWERFLEET INC (AIOT) Stock Technical Analysis
NASDAQ:AIOT - Nasdaq - US73931J1097 - Common Stock - Currency: USD
Overall AIOT gets a technical rating of 0 out of 10. AIOT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AIOT is a bad performer in the overall market: 100% of all stocks are doing better.
AIOT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 96% of 125 stocks in the same industry do better.
AIOT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AIOT has a been trading in the 4.29 - 5.07 range, which is quite wide. It is currently trading near the lows of this range.
AIOT has an average volume of 1934180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, AIOT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
4.22
5.04
When analyzing the support we notice one important area.
- A support zone ranging from 4.26 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.55 to 4.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.81 from a trend line in the daily time frame.
- A resistance zone ranging from 4.95 to 4.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for AIOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIOT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AIOT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AIOT is below a declining 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) | 42.48 | NEUTRAL | The RSI value for AIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AIOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.39 | OVERSOLD | The low Stochastics value suggests AIOT may be oversold. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for AIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for AIOT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.46
+0.08 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.83%
1 Week-1.76%
2 Weeks-5.91%
1 Month-5.11%
3 Month-20.21%
6 Month-34.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%5.76%
ATR Inc-38.71%
Range Today0.16
ADR(20)0.24
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.07
10 Day Low4.29
20 Day High5.07
20 Day Low4.29
52 Week High8.71
52 Week Low3.7
CS1 End4.26
CR1 Start4.55
Volume & EV
DER(3)-0.3%
DER(5)1.81%
Volume6.12M
Volume Incr19.02%
Vol(5)3.04M
Vol(50)1.93M