SOCKET MOBILE INC (SCKT) Stock Technical Analysis
NASDAQ:SCKT - Nasdaq - US83368E2000 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SCKT. Although SCKT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Warning: SCKT has an average volume of 13428 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SCKT is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 80% of 32 stocks in the same industry.
In the last month SCKT has a been trading in the 0.95 - 1.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that SCKT is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SCKT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SCKT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.92
1.64
When analyzing the support we can see 2 important areas.
- Support @0.99 from a trend line in the daily time frame.
- Support @0.93 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.62 to 1.62. 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
CRS80.1
Mansfield1.28
10 Day High1.31
10 Day Low0.95
20 Day High1.31
20 Day Low0.95
52 Week High1.72
52 Week Low0.91
Performance
1 Week16.96%
2 Weeks31.07%
1 Month14.91%
3 Month-18.89%
6 Month15.93%
12 Month28.18%
2 Year-25.16%
3 Year-65.16%
5 Year18.02%
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)0.04
RSI(14)71.35
LBB0.88
UBB1.33
NASDAQ:SCKT (4/24/2025, 1:34:57 PM)
1.22
-0.09 (-6.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-6.87%
1 Week16.96%
2 Weeks31.07%
1 Month14.91%
3 Month-18.89%
6 Month15.93%
12 Month28.18%
2 Year-25.16%
3 Year-65.16%
5 Year18.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.52%
ATR Inc-12.99%
Range Today0.09
ADR(20)0.06
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.1
Mansfield1.28
10 Day High1.31
10 Day Low0.95
20 Day High1.31
20 Day Low0.95
52 Week High1.72
52 Week Low0.91
CS1 End0.99
CR1 Start1.32
Volume & EV
DER(3)-12.74%
DER(5)4.76%
Volume2.28K
Volume Incr129.92%
Vol(5)19.90K
Vol(50)13.43K