SABLE OFFSHORE CORP (SOC)

US78574H1041 - Common Stock

21.77  -0.72 (-3.2%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SOC. Although SOC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

100% of all other stocks performed better in the past year than SOC.
SOC is part of the Oil, Gas & Consumable Fuels industry. There are 204 other stocks in this industry, of which 95% are performing better than SOC.
The long and short term trends are both positive. This is looking good!
SOC has an average volume of 1214540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SOC has a been trading in the 18.73 - 24.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SOC Weekly chart
SOC Daily chart
Setup Rating and Analysis

4

Although SOC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

17.10

24.32

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 20.64 to 20.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.24 from a horizontal line in the weekly time frame.
  • Support @17.74 from a trend line in the daily time frame.
  • Support @17.27 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 22.38 to 23.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.08 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High24.7
10 Day Low21.59
20 Day High24.7
20 Day Low18.73
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-4.86%
2 Weeks0.58%
1 Month13.02%
3 Month45.66%
6 Month63.44%
12 MonthN/A
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)0.1
RSI(14)52.05
LBB20.89
UBB24.4
SOC Daily chart

SABLE OFFSHORE CORP

NYSE:SOC (11/15/2024, 10:02:05 AM)

21.77

-0.72 (-3.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.2%
1 Week-4.86%
2 Weeks0.58%
1 Month13.02%
3 Month45.66%
6 Month63.44%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.33
ATR(20)%5.84%
ATR Inc
Range Today1.47
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 High24.7
10 Day Low21.59
20 Day High24.7
20 Day Low18.73
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume512.83K
Volume Incr-20.88%
Vol(5)852.84K
Vol(50)1.21M