Impinj, Inc. (PI)

Impinj, Inc. is trading at $167.17, down 2.64% on the session. The 50 day average sits at $143.15 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 62.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $134.05 with resistance near $185.00, so that band frames the current range. Average daily movement is roughly $8.97, or about 5.4% of the share price, which is what any stop placement has to allow for. The overall health score of 65 out of 100 combines a trend score of 72, momentum of 88 and a risk score of 22.

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.