POET TECHNOLOGIES INC (POET)

CA73044W3021 - Common Stock

6.75  +0.58 (+9.4%)

After market: 6.8299 +0.08 (+1.18%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to POET. Both in the recent history as in the last year, POET has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that POET is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by POET over the past year are nicely spread over this period.
POET is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. POET outperforms 95% of them.
POET is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so POET is performing more or less in line with the market.
POET has an average volume of 2345920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month POET has a been trading in the 4.11 - 7.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
POET Weekly chart
POET Daily chart
Setup Rating and Analysis

3

Although POET has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

3.62

6.82

3 important support areas can be observed.

  • A support zone ranging from 4.62 to 4.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 4.25 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.66 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.16
Mansfield13.04
10 Day High7.79
10 Day Low4.47
20 Day High7.79
20 Day Low4.11
52 Week High7.79
52 Week Low0.89
Performance
1 Week-11.07%
2 Weeks39.75%
1 Month31.58%
3 Month51.35%
6 Month91.76%
12 Month633.7%
2 Year45.47%
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)0.13
RSI(14)63.2
LBB3.52
UBB7.64
POET Daily chart

POET TECHNOLOGIES INC

NASDAQ:POET (1/3/2025, 8:00:01 PM)

After market: 6.8299 +0.08 (+1.18%)

6.75

+0.58 (+9.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg9.4%
1 Week-11.07%
2 Weeks39.75%
1 Month31.58%
3 Month51.35%
6 Month91.76%
12 Month633.7%
2 Year45.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%9.98%
ATR Inc-10.68%
Range Today0.59
ADR(20)0.65
ADR(20)%9.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.16
Mansfield13.04
10 Day High7.79
10 Day Low4.47
20 Day High7.79
20 Day Low4.11
52 Week High7.79
52 Week Low0.89
CS1 End4.67
CR1 StartN/A
Volume & EV
DER(3)-3.32%
DER(5)-5.42%
Volume3.47M
Volume Incr14.94%
Vol(5)3.72M
Vol(50)2.35M