IOTS Forecast and Technical Stock AnalysisBuy candidate since 2019-06-10 Gain 4.97%
Adesto Technologies Corporation gained 0.24% in the last trading day ( Friday, 19th Jul 2019 ), rising from $8.43 to $8.45 During day the stock fluctuated 2.74% from a day low at $8.40 to a day high of $8.63. The price has been going up and down for this period, and there has been a 0.6% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 87 909 more shares were traded than the day before. In total, 236 134 shares bought and sold for approximately $2.00 million.
- 30 day high of the IOTS stock price was $8.65 and low was $7.55.
- 90 day high was $8.65 and low was $6.12.
- 52 week high for the Adesto Technologies Corporation - $8.65 and low - $3.51.
Adesto Technologies Corporation lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 28.61% during the next 3 months and, with 90% probability hold a price between $10.20 and $12.10 at the end of this period.
Only positive signals in the chart today. Adesto Technologies Corporation holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $8.42 and $8.11. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday July 11, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 68 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
Adesto Technologies Corporation finds support from accumulated volume at $8.43.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.23 (2.74%) between high and low. For the last week, the stock has had a daily average volatility of 1.88%.
Our recommended stoploss: $7.98 (-5.55%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 6 days ago.)
1.88 %Average volatility
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|IOTS $8.45 ($0.02 0.24%)|
IOTS is up $0.02 today, but where's it headed in 2019?
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