SOCKET MOBILE INC (SCKT) Stock Technical Analysis
NASDAQ:SCKT - Nasdaq - US83368E2000 - Common Stock - Currency: USD
Taking everything into account, SCKT scores 1 out of 10 in our technical rating. SCKT 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.
SCKT is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 70% of 32 stocks in the same industry do better.
In the last month SCKT has a been trading in the 1.20 - 1.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: SCKT has an average volume of 19582 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, SCKT turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
SCKT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCKT is lagging the market.
SCKT has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.92
1.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.11 from a horizontal line in the daily time frame.
- Support @0.93 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.37 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS41.67
Mansfield-0.5
10 Day High1.5
10 Day Low1.2
20 Day High1.62
20 Day Low1.2
52 Week High1.72
52 Week Low0.91
Performance
1 Week-6.11%
2 Weeks-13.38%
1 Month-22.64%
3 Month-16.33%
6 Month18.27%
12 Month16.04%
2 Year-41.71%
3 Year-68.94%
5 Year-18.54%
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)-0.02
RSI(14)31.49
LBB1.19
UBB1.5
NASDAQ:SCKT (2/21/2025, 8:00:01 PM)
1.23
+0.01 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.82%
1 Week-6.11%
2 Weeks-13.38%
1 Month-22.64%
3 Month-16.33%
6 Month18.27%
12 Month16.04%
2 Year-41.71%
3 Year-68.94%
5 Year-18.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.17%
ATR Inc-32.71%
Range Today0.07
ADR(20)0.11
ADR(20)%8.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.67
Mansfield-0.5
10 Day High1.5
10 Day Low1.2
20 Day High1.62
20 Day Low1.2
52 Week High1.72
52 Week Low0.91
CS1 End1.22
CR1 Start1.37
Volume & EV
DER(3)-17.85%
DER(5)-9.87%
Volume25.80K
Volume Incr-32.66%
Vol(5)15.58K
Vol(50)19.58K