SOFI TECHNOLOGIES INC (SOFI)
US83406F1021 - Common Stock
We assign a technical rating of 3 out of 10 to SOFI. SOFI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SOFI has an average volume of 46842700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that SOFI is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SOFI is part of the Consumer Finance industry. There are 51 other stocks in this industry, SOFI did better than 58% of them.
SOFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOFI is lagging the market.
In the last month SOFI has a been trading in the 6.61 - 7.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SOFI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.75
7.98
We found 1 important support area.
- A support zone ranging from 6.82 to 6.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.44 to 7.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.82 to 7.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.03
Mansfield-2.02
10 Day High7.64
10 Day Low6.92
20 Day High7.9
20 Day Low6.61
52 Week High11.7
52 Week Low4.92
Performance
1 Week4.9%
2 Weeks4.6%
1 Month2.39%
3 Month-12.92%
6 Month6.59%
12 Month47.67%
2 Year-2.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)51
LBB6.75
UBB7.42
SOFI TECHNOLOGIES INC
NASDAQ:SOFI (5/17/2024, 7:00:03 PM)
After market: 7.29 +0.01 (+0.14%)7.28
+0.16 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg2.25%
1 Week4.9%
2 Weeks4.6%
1 Month2.39%
3 Month-12.92%
6 Month6.59%
12 Month47.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%4.56%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.64
10 Day Low6.92
20 Day High7.9
20 Day Low6.61
52 Week High11.7
52 Week Low4.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume36.61M
Volume Incr-5.47%
Vol(5)46.19M
Vol(50)46.84M