SAMSARA INC-CL A (IOT) Stock Technical Analysis
NYSE:IOT - New York Stock Exchange, Inc. - US79589L1061 - Common Stock - Currency: USD
Taking everything into account, IOT scores 0 out of 10 in our technical rating. IOT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than IOT.
IOT is part of the Software industry. There are 282 other stocks in this industry, of which 71% are performing better than IOT.
IOT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IOT has a been trading in the 33.70 - 40.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
IOT has an average volume of 6210320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of IOT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.12
40.68
When analyzing the support we notice one important area.
- A support zone ranging from 33.45 to 33.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 37.61 to 37.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 39.00 to 40.28. 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 IOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IOT is down. |
| ChartMill Relative Strength | 12.9 | NEGATIVE | IOT has a low relative strength, it was outperformed by 87.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.38 | NEUTRAL | The RSI value for IOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests IOT has a negative trend. |
| Stochastics (14,3) | 10.4 | OVERSOLD | The low Stochastics value suggests IOT may be oversold. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for IOT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for IOT suggests a possible start of a new 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)
33.74
-0.84 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.43%
1 Week-6.3%
2 Weeks-13.46%
1 Month-9.76%
3 Month-22.08%
6 Month-38.19%
12 Month-11.74%
2 Year23.32%
3 Year126.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%4.38%
ATR Inc56.46%
Range Today1.4
ADR(20)1.42
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.9
Mansfield-3.04
10 Day High40.78
10 Day Low33.7
20 Day High40.78
20 Day Low33.7
52 Week High61.9
52 Week Low31.4
CS1 End33.45
CR1 Start37.61
Volume & EV
DER(3)-0.46%
DER(5)-0.99%
Volume4.81M
Volume Incr19.84%
Vol(5)4.78M
Vol(50)6.21M