SAMSARA INC-CL A (IOT)       11.6  -0.06 (-0.51%)

11.6  -0.06 (-0.51%)

US79589L1061 - Common Stock - After market: 12.18 +0.58 (+5%)

Technical Rating

0

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.



IOT has an average volume of 1429040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IOT is a bad performer in the overall market: 100% of all stocks are doing better.
IOT is part of the Software industry. There are 364 other stocks in this industry, of which 100% are performing better than IOT.
IOT is currently trading in the lower part of its 52 week range, which is not a good signal. On the other hand, the S&P500 Index is also trading in the lower part of its yearly range, so IOT is not an exception.
In the last month IOT has a been trading in the 11.33 - 15.66 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.

Statistics

1 Month 3 Months 6 Months 12 Months -24.43% -6.38% -28.83% 0.00% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 0 8.72 - 31.41
IOT Weekly chart
IOT Daily chart

Support/Resistance Analysis


11.47

17.65
We found 1 important support area.
  • Support @11.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
  • Resistance @15.44 from a trend line in the daily time frame.
  • A resistance zone ranging from 15.96 to 16.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @17.48 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

3

The technical rating of IOT is bad and it also does not present a quality setup 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.


IOT Daily chart

SAMSARA INC-CL A11.6

NYSE:IOT (9/26/2022, 7:04:01 PM)-0.06 (-0.51%)

After market: 12.18 +0.58 (+5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Information Technology
GICS Industry Software
Performance
Today -0.51% 1 Week -6.38%
2 Weeks -13.17% 1 Month -24.43%
3 Month -6.38% 6 Month -28.83%
Volatility
ATR(14) 0.71 ATR(20)% 7.7%
ATR Inc -30.27% Range Today 0.54
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS N/A Mansfield -30
10 Day High 13.48 10 Day Low 11.33
20 Day High 15.66 20 Day Low 11.33
52 Week High 31.41 52 Week Low 8.72
CS1 End 11.59 CR1 Start 15.44
Volume & EV
DER(3) -4.62% DER(5) -2.54%
Volume 959.90K Volume Incr -37.91%
Vol(5) 1.15M Vol(50) 1.43M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA