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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.

NASDAQ_POET
Open High Low POET Price Change
1.0100 1.0300 0.9600 1.0300 +0.0372
Entry Signal

MarketClub’s Trade Triangles for POET

long term down The long-term trend has been DOWN since Aug 7th, 2023 at 3.98

intermediate term down The intermediate-term trend has been DOWN since Jun 26th, 2023 at 4.19

short term down 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).

-90
Smart Scan Analysis for POET
Strong Downtrend Sideways 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 High6.2352wk High Date2023-01-18
52wk Low0.7252wk Low Date2023-11-30
Average Volume282,262Shares Outstanding36,496
Assets27,153,977MLiabilities2,182,230M
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