SABLE OFFSHORE CORP (SOC) Stock Technical Analysis
NYSE:SOC - New York Stock Exchange, Inc. - US78574H1041 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SOC. Although SOC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month SOC has a been trading in the 16.26 - 27.06 range, which is quite wide. It is currently trading near the lows of this range.
SOC is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. SOC outperforms 93% of them.
SOC has an average volume of 1726990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SOC did better than 92% of all other stocks. However, we also see that SOC couldn't keep up this performance in the last couple of months.
SOC 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.
Although the technical rating is bad, SOC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.51, a Stop Loss order could be placed below this zone.
More info and screens
16.44
24.15
2 important support areas can be observed.
- A support zone ranging from 18.44 to 18.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.61 to 16.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.16 to 20.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.91 from a trend 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
CRS92
Mansfield-0.27
10 Day High20.64
10 Day Low16.26
20 Day High27.06
20 Day Low16.26
52 Week High32.33
52 Week Low10.26
Performance
1 Week-6.22%
2 Weeks11.62%
1 Month-29.61%
3 Month-33.38%
6 Month-10.39%
12 Month75.07%
2 YearN/A
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)-0.01
RSI(14)38.58
LBB16.62
UBB21.4
18.54
-0.16 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.86%
1 Week-6.22%
2 Weeks11.62%
1 Month-29.61%
3 Month-33.38%
6 Month-10.39%
12 Month75.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.41
ATR(20)%10.92%
ATR Inc-35.91%
Range Today1.54
ADR(20)1.87
ADR(20)%10.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92
Mansfield-0.27
10 Day High20.64
10 Day Low16.26
20 Day High27.06
20 Day Low16.26
52 Week High32.33
52 Week Low10.26
CS1 End18.51
CR1 Start20.16
Volume & EV
DER(3)-4.48%
DER(5)-1.71%
Volume1.89M
Volume Incr13.65%
Vol(5)1.94M
Vol(50)1.73M