SAMSARA INC-CL A (IOT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IOT - US79589L1061 - Common Stock
38.03 USD
+0.68 (+1.82%)
38.1 USD
+0.07 (+0.18%)
Overall IOT gets a technical rating of 0 out of 10. 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.
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.
78% of all other stocks performed better in the past year than IOT.
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 4370240 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 281 other stocks in this industry, IOT did better than 56% of them.
In the last month IOT has a been trading in the 34.78 - 41.27 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
33.12
42.52
We found 2 important support areas.
- A support zone ranging from 34.87 to 35.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.45 to 33.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 38.04 to 38.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.39 from a trend line in the daily time frame.
- Resistance @40.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 42.10 to 42.10. 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 | 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 | 22.14 | NEGATIVE | IOT has a low relative strength, it was outperformed by 77.86% 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) | 51.05 | NEUTRAL | The RSI value for IOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.54 | NEUTRAL | The Stochastics value for IOT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for IOT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for IOT 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)
38.03
+0.68 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.82%
1 Week8.56%
2 Weeks-1.78%
1 Month-1.4%
3 Month5.23%
6 Month-18.29%
12 Month-28.9%
2 Year38.09%
3 Year299.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%4.12%
ATR Inc-47.24%
Range Today0.93
ADR(20)1.52
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.14
3 months CRS71.47
6 months CRS13.72
Mansfield-1.84
10 Day High39.17
10 Day Low34.78
20 Day High41.27
20 Day Low34.78
52 Week High61.9
52 Week Low31.4
CS1 End35.23
CR1 Start38.04
Volume & EV
DER(3)-3.93%
DER(5)-3.78%
Volume2.08M
Volume Incr18.44%
Vol(5)4.43M
Vol(50)4.37M
SAMSARA INC-CL A / IOT FAQ
Can you provide the ChartMill technical rating for SAMSARA INC-CL A?
ChartMill assigns a technical rating of 0 / 10 to IOT.
What is the trend direction for IOT stock?
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 51.0461. This indicates that the stock is currently neutral.
What is the short term momentum for SAMSARA INC-CL A (IOT) stock?
The short term momentum for SAMSARA INC-CL A (IOT) is neutral.