RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IRBT
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iRobot Corporation stock upgraded from Strong Sell Candidate to Sell Candidate after Monday trading session.
(Updated on Feb 26, 2024)


Sell candidate since Jan 10, 2024 Loss -59.23% PDF
The iRobot Corporation stock price gained 4.30% on the last trading day (Monday, 26th Feb 2024), rising from $11.63 to $12.13. During the last trading day the stock fluctuated 6.11% from a day low at $11.62 to a day high of $12.33. The price has fallen in 8 of the last 10 days and is down by -11.14% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 90 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $25.44 million.

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The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -65.58% during the next 3 months and, with a 90% probability hold a price between $2.55 and $6.40 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

IRBT Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, February 23, 2024, and so far it has risen 4.30%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The iRobot Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $18.49. On a fall, the stock will find some support from the short-term average at $12.12. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

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Support, Risk & Stop-loss for iRobot Corporation stock

iRobot Corporation finds support from accumulated volume at $12.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.710 between high and low, or 6.11%. For the last week, the stock has had daily average volatility of 4.93%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (IRBT) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect iRobot Corporation to open at $12.03, and during the day (based on 14 day Average True Range), to move between $11.00 and $13.26, which gives a possible trading interval of +/-$1.13 (+/-9.33%) up or down from last closing price. If iRobot Corporation takes out the full calculated possible swing range there will be an estimated 18.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.04 (0.74%) than the resistance at $13.60 (12.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is iRobot Corporation stock A Buy?

iRobot Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -2.425 Open Broker Account

Sell Candidate Upgraded

Predicted Opening Price for iRobot Corporation of Tuesday, February 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 27, 2024 Current price
$12.03 ( 0.85%) $12.13

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.74 5.00 %
R2 12.47 2.77 %
R1 12.30 1.38 %
Current price: 12.13
Support S1 11.76 -3.09 %
S2 11.59 -4.47 %
S3 11.32 -6.71 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.25 17.48 %
R2 13.64 12.45 %
R1 13.60 12.12 %
Current price 12.13
Support S1 12.04 -0.742%
S2 11.97 -1.32%
S3 11.63 -4.12%
What is the symbol for iRobot Corporation Stock and on which exchange is it traded?
The symbol for iRobot Corporation is IRBT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell iRobot Corporation Stock?
iRobot Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy iRobot Corporation Stock?
iRobot Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iRobot Corporation Stock.

What's the current price of iRobot Corporation Stock?
As of the end of day on the 2024-02-26, the price of an iRobot Corporation (IRBT) share was $12.13.

What is the 52-week high and low for iRobot Corporation Stock?
The 52-week high for iRobot Corporation Stock is $51.49 and the 52-week low is $11.52.

What is the market capitalization of iRobot Corporation Stock?
As of the 2024-02-26, the market capitalization of iRobot Corporation is 324.077M.

When is the next earnings date for iRobot Corporation?
The upcoming earnings date for iRobot Corporation is Feb 26, 2024.

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About iRobot Corporation

iRobot iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mop... IRBT Profile

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