SAMSARA INC-CL A (IOT) Stock Technical Analysis
NYSE:IOT - US79589L1061 - Common Stock
35.49 USD
-0.65 (-1.8%)
35.56 USD
+0.07 (+0.2%)
We assign a technical rating of 0 out of 10 to IOT. IOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than IOT.
IOT is one of the lesser performing stocks in the Software industry. 74% of 280 stocks in the same industry do better.
IOT 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.
IOT has an average volume of 5287410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IOT has a been trading in the 31.68 - 37.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IOT has a poor technical rating and the quality of the setup is also not perfect 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
31.89
40.68
2 important support areas can be observed.
- A support zone ranging from 33.45 to 34.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.21 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.15 to 37.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.67 to 40.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for IOT is neutral. |
| ChartMill Relative Strength | 10.37 | NEGATIVE | IOT has a low relative strength, it was outperformed by 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IOT is above 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) | 50.34 | NEUTRAL | The RSI value for IOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests IOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.02 | OVERBOUGHT | The high Stochastics value suggests IOT may be overbought. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for IOT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.13 | 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)
35.49
-0.65 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.8%
1 Week3.17%
2 Weeks4.69%
1 Month-5.61%
3 Month-21.31%
6 Month0.37%
12 Month-19.38%
2 Year40.78%
3 Year194.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%4.05%
ATR Inc-11.57%
Range Today1.18
ADR(20)1.37
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.37
Mansfield-2.56
10 Day High37.05
10 Day Low32.06
20 Day High37.83
20 Day Low31.68
52 Week High61.9
52 Week Low31.4
CS1 End34.55
CR1 Start36.15
Volume & EV
DER(3)0.07%
DER(5)-0.43%
Volume4.39M
Volume Incr10.74%
Vol(5)5.12M
Vol(50)5.29M