Samsara Inc. (IOT) Recently Broke Out Above the 20-Day Moving Average

From a technical perspective, Samsara Inc. (IOT) is looking like an interesting pick, as it just reached a key level of support. IOT recently overtook the 20- day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages. The ...