POET TECHNOLOGIES INC (POET) Stock Technical Analysis
NASDAQ:POET - Nasdaq - CA73044W3021 - Common Stock - Currency: USD
Overall POET gets a technical rating of 8 out of 10. Although POET has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, POET did better than 95% of all other stocks.
POET is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. POET outperforms 96% of them.
In the last month POET has a been trading in the 3.09 - 4.65 range, which is quite wide. It is currently trading near the high of this range.
POET has an average volume of 1006770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
POET is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although POET has an excellent technical rating, it does not present a decent entry opportunity 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
3.26
4.39
We found 2 important support areas.
- Support @3.72 from a horizontal line in the daily time frame.
- A support zone ranging from 3.29 to 3.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.35 to 4.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.76
Mansfield1.56
10 Day High4.65
10 Day Low3.78
20 Day High4.65
20 Day Low3.09
52 Week High7.79
52 Week Low1.6
Performance
1 Week4.18%
2 Weeks9.84%
1 Month27.33%
3 Month-8.62%
6 Month4.95%
12 Month90.13%
2 Year-0.47%
3 Year-25.48%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)56.4
LBB3.64
UBB4.46
4.24
-0.07 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.62%
1 Week4.18%
2 Weeks9.84%
1 Month27.33%
3 Month-8.62%
6 Month4.95%
12 Month90.13%
2 Year-0.47%
3 Year-25.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%6.51%
ATR Inc-4.65%
Range Today0.18
ADR(20)0.26
ADR(20)%6.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.76
Mansfield1.56
10 Day High4.65
10 Day Low3.78
20 Day High4.65
20 Day Low3.09
52 Week High7.79
52 Week Low1.6
CS1 End3.72
CR1 Start4.35
Volume & EV
DER(3)-2.38%
DER(5)1.01%
Volume287.30K
Volume Incr-41.46%
Vol(5)465.18K
Vol(50)1.01M