IROBOT CORP (IRBT) Stock Technical Analysis
NASDAQ:IRBT - US4627261005 - Common Stock
3.36 USD
+0.11 (+3.38%)
3.37 USD
+0.01 (+0.3%)
We assign a technical rating of 1 out of 10 to IRBT. IRBT 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IRBT is a bad performer in the overall market: 88% of all stocks are doing better.
IRBT is one of the lesser performing stocks in the Household Durables industry. 80% of 63 stocks in the same industry do better.
IRBT 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.
In the last month IRBT has a been trading in the 3.12 - 5.15 range, which is quite wide. It is currently trading near the lows of this range.
IRBT has an average volume of 2020760 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 IRBT 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
3.21
4.12
2 important support areas can be observed.
- Support @3.35 from a horizontal line in the weekly time frame.
- Support @3.24 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.37 to 3.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.01 from a trend line in the daily time frame.
- Resistance @4.08 from a trend line in the weekly 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 IRBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRBT is down. |
| ChartMill Relative Strength | 12.99 | NEGATIVE | IRBT has a low relative strength, it was outperformed by 87.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IRBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.5 | NEUTRAL | The RSI value for IRBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests IRBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.37 | OVERSOLD | The low Stochastics value suggests IRBT may be oversold. |
| Average True Range in percent/ATR (20) | 9.83 | HIGH VOLATILITY | The high ATR as a percentage value for IRBT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for IRBT 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)
3.36
+0.11 (+3.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg3.38%
1 Week-0.88%
2 Weeks-10.4%
1 Month-31.15%
3 Month30.23%
6 Month-61.6%
12 Month-57.82%
2 Year-91.36%
3 Year-94.29%
5 Year-95.46%
10 Year-88.53%
15 Year-79.72%
Volatility
ATR(14)0.32
ATR(20)%9.83%
ATR Inc-56.74%
Range Today0.19
ADR(20)0.32
ADR(20)%9.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.99
Mansfield-4.72
10 Day High3.95
10 Day Low3.12
20 Day High5.15
20 Day Low3.12
52 Week High13.06
52 Week Low1.76
CS1 End3.35
CR1 Start3.37
Volume & EV
DER(3)-3.36%
DER(5)-3.03%
Volume959.40K
Volume Incr-37.11%
Vol(5)1.12M
Vol(50)2.02M