IOTHREE LTD (IOTR) Stock Technical Analysis
NASDAQ:IOTR • KYG4940T1123
Taking everything into account, IOTR scores 0 out of 10 in our technical rating. IOTR'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than IOTR.
- IOTR is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 88% of 37 stocks in the same industry do better.
- In the last month IOTR has a been trading in the 2.31 - 5.51 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.
- IOTR has an average volume of 1713180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of IOTR 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.
More info and screens
2.30
When analyzing the resistance we notice one important area.
- Resistance @5.20 from a horizontal line 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 IOTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IOTR is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | IOTR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.92 | NEUTRAL | The RSI value for IOTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests IOTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.49 | OVERSOLD | The low Stochastics value suggests IOTR may be oversold. |
| Average True Range in percent/ATR (20) | 26.36 | HIGH VOLATILITY | The high ATR as a percentage value for IOTR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.45 | NEUTRAL | The ADX value for IOTR suggests a possible start of a new trend. |
2.32
-0.16 (-6.45%)
IOTHREE LTD / IOTR FAQ
What is the technical rating for IOTR stock?
ChartMill assigns a technical rating of 0 / 10 to IOTR.
Can you provide the trend direction for IOTHREE LTD?
The current trend direction for IOTHREE LTD (IOTR) is Bearish.
What is the RSI signal for IOTHREE LTD (IOTR) stock?
IOTHREE LTD (IOTR) has an RSI value of 39.9234. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IOTHREE LTD?
The MACD indicator for IOTHREE LTD (IOTR) has a value of -0.131178, indicating a bearish trend.
Can you provide the short term momentum for IOTHREE LTD?
The short term momentum for IOTHREE LTD (IOTR) is negative.