Samsara Inc. (IOT)

Samsara Inc. is trading at $40.12, up 2.87% on the session. The 50 day average sits at $35.51 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.9, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $35.55 with resistance near $39.99, so that band frames the current range. Average daily movement is roughly $2.25, or about 5.6% of the share price, which is what any stop placement has to allow for. The overall health score of 68 out of 100 combines a trend score of 75, momentum of 81 and a risk score of 40.

Samsara Inc. provides solutions to connect physical operations data to its connected operations platform in the United States and internationally. The company's Connected Operations Platform includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and which has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Its applications include video-based safety; and telematics, which provides visibility into real-time vehicle location and diagnostics with GPS tracking, routing and dispatch, fuel management, driver recognition, electric vehicle usage and charge planning, preventative maintenance, and insights to manage fuel and energy costs. The company also provides site visibility that provides remote visibility into sites to enhance onsite security, safety, and incident response times. It serves transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and other industries. The company was incorporated in 2015 and is headquartered in San Francisco, California.