SOCKET MOBILE INC (SCKT)
US83368E2000 - Common Stock
Taking everything into account, SCKT scores 5 out of 10 in our technical rating. SCKT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
SCKT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SCKT did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SCKT is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 53% of 31 stocks in the same industry.
SCKT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SCKT is lagging the market slightly.
SCKT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SCKT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
0.92
1.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.25 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.93 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.33 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.47 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.12
Mansfield0.54
10 Day High1.42
10 Day Low1.26
20 Day High1.52
20 Day Low1.26
52 Week High1.62
52 Week Low0.91
Performance
1 Week3.93%
2 Weeks-6.71%
1 Month-9.9%
3 Month15.79%
6 Month22.22%
12 Month13.89%
2 Year-45.57%
3 Year-64.13%
5 Year-20%
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)-0.01
RSI(14)45.79
LBB1.24
UBB1.47
SOCKET MOBILE INC
NASDAQ:SCKT (1/2/2025, 5:48:31 PM)
1.32
-0.01 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.75%
1 Week3.93%
2 Weeks-6.71%
1 Month-9.9%
3 Month15.79%
6 Month22.22%
12 Month13.89%
2 Year-45.57%
3 Year-64.13%
5 Year-20%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.91%
ATR Inc-11.72%
Range Today0.08
ADR(20)0.09
ADR(20)%6.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.12
Mansfield0.54
10 Day High1.42
10 Day Low1.26
20 Day High1.52
20 Day Low1.26
52 Week High1.62
52 Week Low0.91
CS1 End1.32
CR1 Start1.33
Volume & EV
DER(3)2.97%
DER(5)6.51%
Volume24.35K
Volume Incr10.27%
Vol(5)21.79K
Vol(50)32.19K