Get started

PI

Impinj Surges 26% on Stellar Earnings ReportImpinj Inc. (NASDAQ: NASDAQ:PI ) sent shockwaves through the semiconductor industry as its stock soared by 26% in after-hours trading following an impressive earnings report that surpassed Wall Street's expectations. The Seattle-based Internet-of-Things chip maker delivered a beat-and-raise performance, igniting optimism among investors and driving a surge in semiconductor stocks. Stellar Performance: Impinj's first-quarter results showcased robust performance, with the company reporting adjusted earnings of 21 cents per share on sales of $76.8 million. This exceeded analysts' expectations of 10 cents per share on sales of $73.6 million. Despite a year-over-year decline in earnings and sales, Impinj's outlook for the second quarter far surpassed estimates, with predicted adjusted earnings of 75 cents per share on sales of $97.5 million. Driving Innovation: Impinj's success can be attributed to its innovative approach to IoT technology, particularly its development of tiny tracking chips that connect items to the internet cloud. With applications spanning retail, transportation, logistics, and more, Impinj's wireless chips enable seamless tracking of items such as retail inventory, luggage, automobile parts, and shipments. Confidence in Future Growth: CEO Chris Diorio expressed confidence in Impinj's market position and future opportunities, emphasizing the company's bold vision to connect every item in our everyday world. The strong start to 2024, characterized by revenue and profitability exceeding expectations, underscores Impinj's potential for sustained growth and innovation. Market Surge and Stock Performance: Impinj's stellar earnings report had a ripple effect across the semiconductor sector, with other companies such as MaxLinear (MXL), Silicon Labs (SLAB), Texas Instruments (TXN), and United Microelectronics (UMC) also reacting to earnings news. While MaxLinear reported mixed results, Impinj's surge propelled its stock by over 11% in after-hours trading, forming a flat base with a buy point of 132. Industry Outlook: The semiconductor industry continues to witness dynamic shifts and evolving trends, with companies like Impinj ( NASDAQ:PI ) leading the charge in driving technological innovation. As demand for IoT solutions grows across various sectors, semiconductor companies are poised to capitalize on emerging opportunities and shape the future of connectivity and automation. Technical Outlook Impinj ( NASDAQ:PI ) stock surged to over 26% trading above the 200-day Moving Average with a Bullish Relative Strength Index (RSI) of 74. It is imperative to know that Impinj ( NASDAQ:PI ) stock is in the overbought region correction might lurk in the corners.
NASDAQ:PILong
by DEXWireNews
Impinj Set to Announce 1st Quarter 2024 Financial ResultsImpinj ( NASDAQ:PI ), a trailblazer in RAIN RFID technology and a key player in the Internet of Things landscape, is gearing up to unveil its financial performance for the first quarter of 2024. The anticipation surrounding this announcement is palpable, as investors eagerly await insights into Impinj's progress and prospects. Scheduled for release after the U.S. markets close on Wednesday, April 24, 2024, the financial results will be accompanied by a comprehensive discussion during a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT. This event promises to provide a deep dive into Impinj's performance during the quarter ended March 31, 2024, as well as offering insights into the company's outlook for the second quarter of the year. One of the highlights of this event will be the management's prepared remarks, shedding light on key strategic initiatives, market trends, and operational highlights. The release of quarterly financial data and accompanying press release will further elucidate Impinj's ( NASDAQ:PI ) performance, providing valuable metrics for assessing the company's trajectory. Crucially, Impinj ( NASDAQ:PI ) underscores its commitment to transparency and disclosure, leveraging multiple channels to disseminate information to investors and the broader public. From its website and press releases to SEC filings and social media platforms such as Facebook, LinkedIn, and blogs, Impinj ( NASDAQ:PI ) ensures widespread access to material information about the company, its products, and services. This approach not only fosters transparency but also aligns with regulatory requirements, particularly Regulation FD. As the date approaches, investors are advised to closely monitor Impinj's disclosure channels for updates and insights leading up to the earnings release. Given the company's pioneering position in RAIN RFID and IoT, coupled with its strategic initiatives and market opportunities, the upcoming financial results are poised to provide valuable insights for investors navigating the dynamic technology landscape. Technical Outlook Impinj's ( NASDAQ:PI ) stock closed at 121.58 up by 3.39% on Friday's trading Session with a Relative Strength Index (RSI) of 53.85. The stock is trading above the 200-day Moving Average (MA). on Impinj's ( NASDAQ:PI ) stock daily price chart the last close candle stick was indicating a bullish engulfing pattern.
NASDAQ:PILong
by DEXWireNews
Impinj Triumphs in Patent Dispute with NXP SemiconductorsImpinj, Inc. (NASDAQ: NASDAQ:PI ), a prominent RAIN RFID provider and trailblazer in the Internet of Things (IoT) landscape, has announced the successful resolution of its patent litigation with NXP Semiconductors N.V. The settlement, detailed in an 8-K filing with the U.S. Securities and Exchange Commission, marks the conclusion of a prolonged legal battle, during which Impinj ( NASDAQ:PI ) emerged victorious in multiple trials. The agreement between Impinj ( NASDAQ:PI ) and NXP Semiconductors brings an end to all ongoing legal proceedings and absolves both parties from past patent infringement liabilities. Moreover, it encompasses a mutual licensing arrangement, granting each entity access to the other's patents. Importantly, the settlement extends its protection to resellers and end-users, shielding them from infringement claims related to the sale or use of UHF RFID products prior to the agreement's effective date. Central to the settlement terms is a substantial one-time payment and an annual license fee, signaling a significant win for Impinj ( NASDAQ:PI ). Chris Diorio, co-founder, and CEO of Impinj ( NASDAQ:PI ), expressed satisfaction with the outcome, emphasizing the company's commitment to fostering innovation while safeguarding its intellectual property. "Impinj ( NASDAQ:PI ) is passionately inventive," remarked Diorio. "Our extensive portfolio of over 305 issued and allowed RAIN RFID patents stands as a testament to our unwavering dedication to innovation. This settlement not only validates the value of our intellectual property but also underscores our dedication to fair competition and delivering cutting-edge solutions to our enterprise clients." The resolution of this longstanding dispute signifies a significant milestone for Impinj, ( NASDAQ:PI ) reinforcing its position as a leader in the RFID technology domain. With a robust portfolio of patents and a commitment to innovation, Impinj ( NASDAQ:PI ) is poised to continue driving advancements in the IoT and RAIN RFID sectors. Technical Outlook Impinj ( NASDAQ:PI ) is trading above the the 200-day Moving Average with a positive 14th-day Relative Strenght Index (RSI) of 72.84 indicating continuous bullish trend.
NASDAQ:PI
by DEXWireNews
Impinj Surges 11.7% on Stellar Q4 Results: A Beacon of HopeImpinj Inc. (NASDAQ: NASDAQ:PI ) has set the stage for a compelling narrative as its shares soared 11.7% in after-market trade following the announcement of robust preliminary earnings results for the fourth quarter of 2023. The RFID manufacturer's stellar performance has not only exceeded its own guidance but has also defied expectations, providing investors with renewed optimism and prompting a surge in its stock price. Breaking Down the Numbers: Impinj anticipates Q4 revenue to surpass $70 million, outshining its initial guidance range of $65.5 to $68.5 million. What's even more impressive is the adjusted EBITDA projection, expected to exceed $2.5 million, a significant departure from the earlier estimate ranging from ($0.9) to $0.7 million. This stellar performance has not only surpassed internal expectations but has also set a new benchmark for Wall Street analysts, leading to a potential upward revision of estimates. Market Reaction and Volatility: The market's response to Impinj's news has been immediate and profound. The company's shares have historically been characterized by volatility, with 31 moves greater than 5% over the past year. However, the 11.7% surge post-announcement indicates a substantial impact on the market's perception of Impinj's business. This level of volatility, while reflective of market sentiment, also suggests a heightened sensitivity to the company's performance. Learning from the Past: Reflecting on Impinj's recent history, a notable drop occurred nine months ago when the stock plummeted 28.5%. This downturn was triggered by the company reporting first-quarter revenue that narrowly beat analysts' forecasts, but earnings per share fell short of expectations. The subsequent weak guidance for sales and earnings per share further fueled negative sentiment. In contrast, the current surge is a testament to Impinj's ability to rebound and surpass expectations. Investment Landscape: Despite a 3.8% increase since the beginning of the year, Impinj's shares are still trading at $89.26, a 36.9% discount from its 52-week high of $141.40 in April 2023. This presents an intriguing opportunity for investors seeking growth potential in a company that has consistently demonstrated resilience and the capacity to exceed expectations. For those who invested $1,000 in Impinj five years ago, the current value of their investment stands at an impressive $5,627. Conclusion: Impinj's ( NASDAQ:PI ) surge in after-market trade is more than just a momentary spike; it symbolizes a noteworthy comeback and a testament to the company's ability to deliver strong financial results. As the market digests this positive news, investors may find Impinj an appealing prospect for growth in the dynamic tech sector.
NASDAQ:PILong
by DEXWireNews
2
BTCUSD interesting geometryHere is some interesting geometry on an outer edge ray. - Extrema point 0 on ATH - Extrema point 1 on PI * 27.3 (orbital period moon) High - Break on PI - Retest on 3.5 All within a tiny margin of error. The time between 0 and 1 ≈ 5 moon orbits The time between 0 and PI ≈ 16 moon orbits You could probably draw and find proportions everywhere on either scale, but what is the chance of them relating equally on both price AND time scales? How unique is this occurrence? Statistically probably a unicorn event. How great would it be, to produce analytical algorithms that find these price and time-dependent extrema points and relate them with each other via things like outer edge extension rays, to measure and test at what proportions they are broken/retested, and so change in status, to truly test how unique, predictable and structured-to-nature the market behaves.
INDEX:BTCUSD
by MVPMC
$PI - Pi NetworkPi Network might have just made it to the Guinness Crypto Record! Launched trading at $0, 01 cents on the 29.12.2022 on Huobi, it topped $345 exactly 24 hours later, that was only the IMPULSE WAVE, this impulse wave seems to be consolidating in the range $50 and $100, that puts waves 3 and 5 at over $1k! This is coin which has been mined for free on mobile phones since the project started in 2019 had a massive run in 24 hours, with 33 million active users world wide, it's trying to do something Bitcoin failed to do - a fair distribution to most people! Couldn't believe my Pi portfolio on the 30.12.2022 for a coin that I mined for free! The free mining on Pi Network is still active anyone with a mobile phone can still mine it for free although the mining rate has drastically gone down, but with 4 to 5 invitees actively mining you can still get 2,88 Pi per day at the current trading rate of $68, that's $195 per day!
Long
by ankhramsiswmriimn
7
PI INDUSTRIES ANALYSIS!!RSI INDICATOR: is something which says the actually part of the price should be placed. cups and handles is a very bullish price pattern formation. and top of that, if rsi indicator is forming such pattern, then to speak on to it, the stock is a very great stock. i have check the fundamentals. the rations, sales analysis are very greatly performing. the two black line are the trend formation after the corona 2019 crash. and blue line is the old trend. the stock did gave its all time high recently. its possible to go more higher, since there is no drawback, or major risks associated to this stock. recent quarters too outperformed from the analyst projected estimates. great stock for swing trading and long term .
NSE:PIINDLong
by raghavchoudhary2016
Pi-Cycle Bottom PossibilityThis is the 2015 Pi-Cycle Bottom Indicator copy and pasted over the current price and aligned with yesterday's crossing. There are some similarities between the price action in 2015 and now. If something similar plays out, we may see some significant downside in the next few days. This wouldn't be a surprise as the CPI print yesterday was 9.1% and downside in most markets is to be expected. Similar to yesterday, in 2015 the price was in a small uptrend when the indicator crossed, which turned out to be a bull trap. This could play out in a similar fashion.
INDEX:BTCUSD
by MarkLefevre
2
Did we confirm bottom on BTC?Pi cycle bottom and top indicator has been pretty accurate over the history of bitcoin price action. It is currently once again flashing "bottom." If history repeats itself we may see a price action similar to what I projected in the chart aligned with the long term trendline. The Pi Cycle Indicator forecasts the cycle top and bottom of Bitcoin’s market cycles. It attempts to predict the point where Bitcoin price will peak before pulling back or will bottom before it takes off. It does this on major high time frames and historically has picked the absolute tops and bottoms of Bitcoin’s major price moves throughout most of its history.
BITSTAMP:BTCUSD
by CryptoBreakers
8
BTCUSD cringe log chartThe idea that something which never happened can't happen is a silly one On high timeframe BTC goes up from inception "So it's just gonna go up from here and never look back. Why ? because it never does." That is so silly - it also never tested a previous cycle top until last month - never closed below the 200 weekly or whatever until last month Pattern breaks While I do think the low 10k is a good buy, I don't understand why it couldn't oscillate around these price for years, or decades, lose this range and never go back or pump the million ? Why not? "goofy prediction dude" Same was said to the one targeting 30 when we were above 60
INDEX:BTCUSD
by Copege
1
🔥 Bitcoin Pi-Cycle Bottom Indicator Signals Bear Market BottomBefore we dive deeper into the analysis I want to give a quick overview of what the pi-cycle bottom indicator is, "The indicator comprises a 471-day simple moving average (SMA) and a 150-period exponential moving average (EMA). Furthermore, the 471-day SMA is multiplied by 0.745; the outcome is pitted against the 150-day EMA to predict the underlying market's bottom." In short, the Pi-Cycle bottom indicator is similar too the Pi-Cycle top indicator, but with different values. Historically, the Pi-Cycle bottom indicator has signaled the BTC bear-market bottom within 3 days of the signal. This would mean that the BTC bottom will be in within the next three days. However, will the pi-cycle bottom indicator work again this time? There's only two previous instances of the indicator working, one can't really deduce statistical validity from an N=2. Funnily enough, people said the same thing about the Pi-Cycle top indicator last year. In hindsight, the Pi-Cycle top indicator did a great job signaling the technical top for the current BTC cycle (technical top = top based on indicators and on-chain metrics). Will this time be different? Maybe. The current macro-economic outlook is vastly different from the previous cycles. Bitcoin's correlation with the stock market has never been this high and, with inflation still on the rise and a recession looming, stocks are more likely to go down than to go up in the near-future. Unless today's CPI numbers will cause a huge 20%-30% sell-off, I don't think that BTC will bottom within the next three days. Time will tell. Nevertheless, I think that this indicator is one of the better bear-market bottom indicators. Bottoms never occur when people expect it.
INDEX:BTCUSD
by FieryTrading
11
"bTc hAs No VaLuE AnD WiLL CrAsH bELoW 10K"...PI CYCLE BOTTOM!!!I LOVE PICKING BOTTOMS...AGGRESIVELY...WITH HARD WOODEN STICK!!! xD P.S. I saw the 111DMA has almost crossed the "350DMAx2" in the beginning of April 2021 and COULD NOT STOP LAUGHING ABOUT THE MORONIC PI CYCLE "INDICATOR" WITH IDIOTS LOOKING AT IT BECAUSE WE WERE GOING TO 100K FOR BTC "AT LEAST" AND WAS EVEN ASKING IN TWITTER IF SOME STAGRAM FLUENCER RIGGED THOSE LINES FOR FAKE FAME....a month later in the middle of May -> ELON MUSK AND THE CHINESE COULD NOT STOP LAUGHING AT OUR STUPIDITY TO THINK IT IS GOING STRAIGHT TO 200K 500K AND THE MOON............ Will act accordingly this time instead of ridiculing SIMPLE MATH and those obviously clever guys that came up with that EXACT (+-2 days) TRIGGER FOR BTC TOPS AND BOTTOMS! =)
COINBASE:BTCUSDLong
by u3KbPTeH
4
Pi-Cycle Bottom Will Cross Tomorrow Most LikelyThe Pi-Cycle Bottom will most likely cross tomorrow. If the indicator remains predictive, and consistent with itself, the bottom should occur within a few days of it crossing. This would imply significant downside coinciding with an important CPI/Fed meeting this week. There is precedent for the indicator crossing and BTCUSD falling -40% within the following few days. I've wavered quite a lot on the question of whether the macro bottom is in. Mostly due to Ben Cowen's credibility and views, I'm currently leaning towards the bottom not being in and significant downside still to come. The pi-cycle bottom crossing in this context may impy we will see a large downside move in the next week.
INDEX:BTCUSD
by MarkLefevre
1
flirting at the neckline (bullas tp)lotta bear confluence here...which is my local bias. i do think recent low was a longer-term bottom we will range at for a lil while but nfa... resistance is 2pi arc of the smaller circle you see (radius = between those two tops) bearshark zone as well (included some bull harmonic possibilities) ihs neckline ihs and hs "fakeouts" are actually just PA following a curved neckline imo (just like irl :-) ) ...trendlines are not straight NFA...expect the unexpected! a break here would be bullish to mid-twenties imo (w/successful retest)...lots of alts looking juicy if that happens
INDEX:BTCUSD
by FinanciallyCodependently
pi in the skyfib "circles" made from tops & moved to big 2021 summer bottom phi & pi and harmonics, square roots, integers multiplying/dividing by 10 as well...wonder if that's independent of scale (would make sense if your scale is 10:1 or 100:1 or whatever) i generally use 100:1 on the daily and 1000:1 on the weekly for leftbrain reasons but always wondering if the secret sauce is just finding the right scale on the right TF (427:1 or 232348971.34738920:100 or something...looking at the chart thru the cycle as a lens to find points of resonance...frequency...harmony...i think this is what Gann means by squaring the chart but i have not read him yet) fresh air and sunshine maxi this week
INDEX:BTCUSD
by FinanciallyCodependently
3
Cycle Bottom Indicator [CBI] - Log Chart & Historic Bottom AnalyThis post looks at the following items to assess BTC possible upcoming cycle accumulation ranges, next cycle bottom and historic lowest price possible: * Cycle Bottom Indicator & CBI Extensions * Log Chart key support and resistance levels * 200W SMA (Simple Moving Average) Historic Cycle Bottom Support * Historic Cycle Accumulation Zone * 300W SMA Historic BLACK SWAN event under evaluation support The premise considered in this post is BTC is currently in the Bear Market phase of a new cycle and is approaching a new cycle bottom and accumulation range. CYCLE BOTTOM INDICATOR As per prior posts. The extension dashed lines extrapolated out in this chart at this point of time estimate a cycle bottom may be put in around August 2022 (based on current moving average inputs). GOLDEN BOX As per discussions regarding the 150W and 200W SMA, the potential upcoming golden box represents the price and time we might spend in a cycle accumulation range (based on prior historic price behavior). Historically the 200W SMA has resembled a key line of defense for the bulls where buyers has stepped in during the darkest days in Crypto to defend price. The bouncing nature of price between the 150W and 200W SMA suggests this in the past this is a range 'Smart Money' has targeted for cycle accumulation when believed BTC has been sufficiently oversold and is undervalued. Prior Cycle Golden Box has been drawn for comparison reference. GREEN BOX The 300W SMA resembles the worst case under evaluation support SMA reached during an extreme 'Black Swan' event (unexpected event which causes wide spread panic selling in the market). The as drawn potential upcoming Green Box between the 200W SMA and the 300W SMA represent the time and price ranges we may experience in the drawn scenario (not historically we have not spent much time in the Green Box and the COVID event is the first time we have reached these levels of undervaluation to date). NOTE: Prior Cycle Green Box has been drawn for comparison reference. LOG CHART The above Worst Case Analysis is combined with some simple TA and Key Historic Support levels on the Log Chart. The worst case Cycle Bottom shown on the chart price levels assumes the current trend direction and uses measured moves which align with key long chart support / resistance levels and potentially the 300W SMA (Violet line).
BITSTAMP:BTCUSD
by Brodie
square (rooting) the circleobvi not financial advice (are you HIGH??), just been posting sketches here mostly bc i need the help keeping track of them lol just eyeballed the top circle here, thinking i should disregard wicks (which is what i usually do when i draw regular fibs/i make them so the wicks are 1.09 or 1.128), then when i clicked my 'square roots' template, saw .707 (square root of .5, and also half of square root of 2....1.414 is sort of like the 1.618 of squares re: self-similarity/fractals btw, bradley f cowan explains it pretty well) and .886 (square root of .786) called the wicks. THRILLING STUFF, felt cute might delete i added 3.14 for funsies bc sorry not sorry...pi cycle is real and pi is important. i mean we're talking cycles here, cmon. we're on the pi arc now, and the horizontal tangent (bottom) makes sense too when you get similar ideas at different ratios i don't think that's flip-flopping btw, it's confluence/recursion bullish on fresh air, sunshine, and hydration this week was recently gifted w/Bradley F Cowan, highly HIGHLY recommend along with other gurus: michael s jenkins gann (astro just as time cycles, not necessarily w/meaning ascribed bc that's a whole can of worms) jim bartelloni larry pesavento candleboxAI and gannjourneyman
by FinanciallyCodependently
3