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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
POET Technologies Inc. (NASDAQ:POET)
Countertrend Up (+85) - POET is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid POET?
MarketClub looks at technical strength and momentum to determine if the timing is right for POET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for POET
The long-term trend has been UP since Apr 23rd, 2024 at 1.5400
The intermediate-term trend has been UP since Apr 23rd, 2024 at 1.3814
The short-term trend has been DOWN since May 3rd, 2024 at 2.1701
Smart Scan Analysis for POET
Based on our trend formula, POET is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.100 | 2.260 | 2.040 | 2.245 | +0.225 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.020 | 561992 | 2024-05-09 12:37:20 |
| 52wk High | 5.88 | 52wk High Date | 2023-06-14 |
| 52wk Low | 0.72 | 52wk Low Date | 2023-11-30 |
| Average Volume | 1,959,566 | Shares Outstanding | 36,496 |
| Assets | 27,153,977M | Liabilities | 2,182,230M |