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Long-Term Bullish Signal Hasn't Failed Samsara Stock
Schaeffers Investment Research· 2026-01-13 20:24
Group 1 - Samsara Inc (NYSE:IOT) is currently trading at $33.60, reflecting a 23% year-over-year decline and has experienced five consecutive weekly losses since reaching a high of $45.60 on December 5 [1][2] - The stock is testing a historically bullish long-term trendline, which could indicate potential for recovery [1][2] - IOT is within 3% of its 40-month moving average, having closed above this trendline for the past five months, with historical data suggesting an average gain of 20% one month after similar signals and a 66.7% average gain three months later [3] Group 2 - Short interest in IOT has increased by 3%, with 23.51 million shares sold short, representing nearly 7% of the total available float, indicating potential for a short squeeze [7] - The stock's Schaeffer's Volatility Index (SVI) is at 42%, ranking in the low 14th percentile of annual readings, suggesting low volatility expectations among options traders [8] - The Schaeffer's Volatility Scorecard (SVS) is 70 out of 100, indicating that the stock has historically realized higher volatility than what options pricing suggests [8]