iRobot Corporation (IRBT)       41.2  -1.77 (-4.12%)

41.2  -1.77 (-4.12%)

US4627261005 - Common Stock

Technical Rating

We assign a technical rating of 0 out of 10 to IRBT. IRBT'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.



In the last month IRBT has a been trading in the 37.87 - 48.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than IRBT.
IRBT is part of the Household Durables industry. There are 67 other stocks in this industry, of which 78% are performing better than IRBT.
IRBT is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so IRBT is not an exception.

Statistics

1 Month 3 Months 6 Months 12 Months -6.73% -32.30% -34.78% -52.93% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 17.06 37.87 - 98.86
IRBT Weekly chart
IRBT Daily chart

Support/Resistance Analysis


40.79

90.73
When analyzing the resistance we notice 6 important areas.
  • A resistance zone ranging from 43.05 to 43.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 46.54 to 46.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @50.72 from a trend line in the daily time frame.
  • Resistance @52.87 from a trend line in the daily time frame.
  • Resistance @53.99 from a trend line in the weekly time frame.
  • Resistance @89.83 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

Although the technical rating is bad, IRBT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.05. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for IRBT in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

IRBT Daily chart

iRobot Corporation41.2

NASDAQ:IRBT (6/28/2022, 1:04:57 PM)-1.77 (-4.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Household Durables
Performance
Today -4.12% 1 Week 1.08%
2 Weeks 6.07% 1 Month -6.73%
3 Month -32.3% 6 Month -34.78%
Volatility
ATR(14) 2 ATR(20)% 4.64%
ATR Inc -35.84% Range Today 2.2
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 17.06 Mansfield -2.87
10 Day High 43.55 10 Day Low 37.87
20 Day High 48.87 20 Day Low 37.87
52 Week High 98.86 52 Week Low 37.87
CS1 End N/A CR1 Start 43.05
Volume & EV
DER(3) 3.51% DER(5) 2.02%
Volume 226.56K Volume Incr -8.02%
Vol(5) 328.56K Vol(50) 464.21K

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