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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
POET Technologies Inc. (NASDAQ:POET)
Long-Term Downtrend (-90) - POET is in a strong downtrend that is likely to continue. While POET is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Aug 7th, 2023 at 3.98
The intermediate-term trend has been DOWN since Jun 26th, 2023 at 4.19
The short-term trend has been DOWN since Nov 29th, 2023 at 1.09
Smart Scan Analysis for POET
Based on our trend formula, POET is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0100 | 1.0300 | 0.9600 | 1.0300 | +0.0372 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0600 | 77705 | 2023-12-07 14:55:23 |
| 52wk High | 6.23 | 52wk High Date | 2023-01-18 |
| 52wk Low | 0.72 | 52wk Low Date | 2023-11-30 |
| Average Volume | 282,262 | Shares Outstanding | 36,496 |
| Assets | 27,153,977M | Liabilities | 2,182,230M |