POET TECHNOLOGIES INC (POET) Stock Technical Analysis
NASDAQ:POET - Nasdaq - CA73044W3021 - Common Stock - Currency: USD
Overall POET gets a technical rating of 5 out of 10. POET was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Looking at the yearly performance, POET did better than 97% of all other stocks. On top of that, POET also shows a nice and consistent pattern of rising prices.
POET is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 95% of 107 stocks in the same industry.
POET has an average volume of 2414640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
POET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so POET is lagging the market.
In the last month POET has a been trading in the 4.00 - 5.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, POET does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.36
4.98
We found 1 important resistance area.
- A resistance zone ranging from 4.83 to 4.93. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS97.86
Mansfield2.88
10 Day High5.38
10 Day Low4.37
20 Day High5.46
20 Day Low4
52 Week High7.79
52 Week Low1
Performance
1 Week-14.4%
2 Weeks-10.02%
1 Month-15.71%
3 Month9.73%
6 Month39.24%
12 Month214.29%
2 Year7.32%
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)-0.03
RSI(14)41.1
LBB4.43
UBB5.25
4.4
-0.32 (-6.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-6.78%
1 Week-14.4%
2 Weeks-10.02%
1 Month-15.71%
3 Month9.73%
6 Month39.24%
12 Month214.29%
2 Year7.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%9.52%
ATR Inc-26.37%
Range Today0.42
ADR(20)0.39
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.86
Mansfield2.88
10 Day High5.38
10 Day Low4.37
20 Day High5.46
20 Day Low4
52 Week High7.79
52 Week Low1
CS1 EndN/A
CR1 Start4.83
Volume & EV
DER(3)-1.38%
DER(5)-4.25%
Volume1.63M
Volume Incr-10.98%
Vol(5)1.48M
Vol(50)2.41M