Why Adesto Technologies Corporation ($IOTS) Is Acting Slightly Strange (2019-08-22)

REPORTING FOR 2019-08-22 | TODAYISRAEL.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how IOTS has been trading over the last 2 weeks and the past day especially. On its latest session, Adesto Technologies Corporation ($IOTS) opened at 10.42, reaching a high of 10.4792 and a low of 10.15 before closing at a price of 10.27. There was a total volume of 146512.

VOLUME INDICATORS: We saw an accumulation-distribution index of 181.64905, an on-balance volume of 10.36, chaikin money flow of 10.12162 and a force index of -0.0315. There was an ease of movement rating of -8e-05, a volume-price trend of 3.44498 and a negative volume index of 1000.0. What do these volume indicators mean for IOTS? Click here for an explanation.

VOLATILITY: We noted an average true range of 0.16946, bolinger bands of 10.16914, an upper bollinger band of 10.14086, lower bollinger band of 10.15, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 10.34973, high band keltner channel of 10.29053, low band keltner channel of 10.40893, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 10.15, a donchian channel low band of 10.15, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for IOTS? Click here for an explanation.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.00022, a MACD signal of 0.00012, a MACD difference of 0.0001, a fast Exponential Moving Average (EMA) indicator of 10.15, a slow Exponential Moving Average (EMA) indicator of 10.15, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.75853, a trix of 22.14204, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -2.55156, a KST Oscillator (KST) of 335.80015 and a KST Oscillator (KST Signal) of 335.80015 (leaving a KST difference of 0.32901). We also found an Ichimoku rating of 10.4496, an Ichimoku B rating of 10.4496, a Ichimoku visual trend A of 8.15515, an Ichimoku visual trend B of 8.67889, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0. What do these trend indicators mean for IOTS? Click here for an explanation.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 90.43082, a stochastic oscillator of 556.08108, a stochastic oscillator signal of 556.08108, a Williams %R rating of 456.08108 and an awesome oscillator of -0.0066. What do these momentum indicators mean for IOTS? Click here for an explanation.

RETURNS: There was a daily return of 33.58002, a daily log return of 0.09847 and a cumulative return of 0.09852.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-08-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Adesto Technologies Corporation ($IOTS)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Adesto Technologies Corporation ($IOTS) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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