POET TECHNOLOGIES INC (POET)
CA73044W3021 - Common Stock
We assign a technical rating of 3 out of 10 to POET. In the last year, POET was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
80% of all other stocks performed better in the past year than POET.
POET is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 108 stocks in the same industry do better.
POET 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 POET has a been trading in the 1.60 - 2.60 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
POET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.75, a Stop Loss order could be placed below this zone.
More info and screens
1.03
2.84
4 important support areas can be observed.
- A support zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.13 from a trend line in the weekly time frame.
- Support @1.09 from a trend line in the daily time frame.
- Support @1.04 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.06 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.22 from a trend line in the weekly time frame.
- Resistance @2.81 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.83
Mansfield-3.44
10 Day High2.58
10 Day Low1.6
20 Day High2.6
20 Day Low1.6
52 Week High5.88
52 Week Low0.72
Performance
1 Week-9.64%
2 Weeks-21.59%
1 Month-24.89%
3 Month33.83%
6 Month56.14%
12 Month-59.27%
2 Year-68.72%
3 YearN/A
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)-0.08
RSI(14)43.67
LBB1.63
UBB2.54
POET TECHNOLOGIES INC
NASDAQ:POET (5/31/2024, 7:00:29 PM)
After market: 1.87 +0.09 (+5.06%)1.78
-0.04 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.2%
1 Week-9.64%
2 Weeks-21.59%
1 Month-24.89%
3 Month33.83%
6 Month56.14%
12 Month-59.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%13.13%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.58
10 Day Low1.6
20 Day High2.6
20 Day Low1.6
52 Week High5.88
52 Week Low0.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume375.20K
Volume Incr-53.76%
Vol(5)596.52K
Vol(50)978.15K