IROBOT CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	IRBT
ISIN:

IROBOT CORP. - Weekly - Technical analysis published on 08/07/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 71.00 USD

My targets

57.06 USD (-4.17%)

49.42 USD (-16.99%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on IROBOT CORP.. As long as you are under the resistance located at 71.00 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 57.06 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 49.42 USD as an objective. Crossing it would then enable sellers to target 38.67 USD. If the resistance 71.00 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Martin Hanel. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The IROBOT CORP. price is 59.54 USD. Over 5 days, this instrument gained +29.41% with the lowest point at 46.56 USD and the highest point at 60.09 USD. The deviation from the price is +27.88% for the low point and -0.92% for the high point.

46.56

60.09

59.54

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this Weekly chart of IROBOT CORP. indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Weekly

Aroon indicator bullish trend

Type : Bullish

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Weekly

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Three white soldiers

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16.54	38.67	57.06	59.54	71.00	87.60	107.25
Change (%)	-72.22%	-35.05%	-4.17%	-	+19.25%	+47.13%	+80.13%
Change	-43.00	-20.87	-2.48	-	+11.46	+28.06	+47.71
Level	Minor	Major	Intermediate	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.66	59.05	59.30	59.69	59.94	60.33	60.58
Camarilla	59.36	59.42	59.48	59.54	59.60	59.66	59.72
Woodie	58.58	59.02	59.22	59.66	59.86	60.30	60.50
Fibonacci	59.05	59.30	59.45	59.69	59.94	60.09	60.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.36	38.40	42.21	44.25	48.06	50.10	53.91
Camarilla	44.40	44.94	45.47	46.01	46.55	47.08	47.62
Woodie	37.24	38.84	43.09	44.69	48.94	50.54	54.79
Fibonacci	38.40	40.64	42.02	44.25	46.49	47.87	50.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.52	32.94	39.47	42.89	49.42	52.84	59.37
Camarilla	43.27	44.19	45.10	46.01	46.92	47.83	48.75
Woodie	31.09	33.72	41.04	43.67	50.99	53.62	60.94
Fibonacci	32.94	36.74	39.09	42.89	46.69	49.04	52.84

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.07
MACD (12,26,9):	-5.0000
Directional Movement:	6.44
AROON (14):	35.71
DEMA (21):	41.66
Parabolic SAR (0,02-0,02-0,2):	35.63
Elder Ray (13):	5.32
Super Trend (3,10):	30.71
Zig ZAG (10):	59.54
VORTEX (21):	0.9100
Stochastique (14,3,5):	63.04
TEMA (21):	43.25
Williams %R (14):	-2.23
Chande Momentum Oscillator (20):	11.98
Repulse (5,40,3):	43.3900
ROCnROLL:	-1
TRIX (15,9):	-1.7000
Courbe Coppock:	29.25

MA7:	49.11
MA20:	43.62
MA50:	42.83
MA100:	48.74
MAexp7:	47.05
MAexp20:	49.32
MAexp50:	60.69
MAexp100:	69.38
Price / MA7:	+21.24%
Price / MA20:	+36.50%
Price / MA50:	+39.01%
Price / MA100:	+22.16%
Price / MAexp7:	+26.55%
Price / MAexp20:	+20.72%
Price / MAexp50:	-1.89%
Price / MAexp100:	-14.18%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on IROBOT CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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