SAMSARA INC-CL A (IOT) Technical Analysis
NYSE:IOT • US79589L1061
Current stock price
IOT Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to IOT. Recently some decent action could be observed, but in the medium term time frame this is still negative. IOT was also a bad performer in the overall market in the last year.
- 80% of all other stocks performed better in the past year than IOT.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month IOT has a been trading in the 24.13 - 35.55 range, which is quite wide. It is currently trading near the high of this range.
- IOT has an average volume of 9243520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IOT is part of the Software industry. There are 278 other stocks in this industry, IOT did better than 65% of them.
- IOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IOT is lagging the market slightly.
IOT Weekly and Daily overview Charts
IOT Setup Rating and Analysis
IOT has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
IOT Support and Resistance Analysis
24.01
We found 3 important support areas.
- A support zone ranging from 31.71 to 31.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.53 from a trend line in the daily time frame.
- Support @24.25 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @33.74 from a trend line in the daily time frame.
- A resistance zone ranging from 34.89 to 35.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.31 from a horizontal line in the daily time frame.
- Resistance @40.31 from a trend line in the weekly time frame.
- Resistance @44.08 from a trend line in the weekly time frame.
IOT Technical Indicator Signal Analysis
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 IOT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOT is up. |
| ChartMill Relative Strength | 20.65 | NEGATIVE | IOT has a low relative strength, it was outperformed by 79.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IOT is above 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) | 59.07 | NEUTRAL | The RSI value for IOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests IOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.24 | NEUTRAL | The Stochastics value for IOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for IOT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for IOT suggests a possible start of a new trend. |
IOT Chart- and CandleStick Pattern Analysis
IOT Technicals: Chart, Performance Metrics, Trend & Indicators
33.13
-0.53 (-1.57%)
SAMSARA INC-CL A / IOT TA FAQ
Can you provide the ChartMill technical rating for SAMSARA INC-CL A?
ChartMill assigns a technical rating of 4 / 10 to IOT.
Can you provide the trend direction for SAMSARA INC-CL A?
The current trend direction for SAMSARA INC-CL A (IOT) is Bearish.
What is the RSI signal for SAMSARA INC-CL A (IOT) stock?
SAMSARA INC-CL A (IOT) has an RSI value of 59.0749. This indicates that the stock is currently neutral.
What is the MACD signal for IOT stock?
The MACD indicator for SAMSARA INC-CL A (IOT) has a value of 0.31486, indicating a bearish trend.
Can you provide the support and resistance levels for SAMSARA INC-CL A?
SAMSARA INC-CL A (IOT) has a support level at 31.71 and a resistance level at 33.74. Check the full technical report for our detailed analysis of IOT support and resistance levels.