SABLE OFFSHORE CORP (SOC) Stock Technical Analysis
NYSE:SOC - New York Stock Exchange, Inc. - US78574H1041 - Common Stock - Currency: USD
Taking everything into account, SOC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SOC did better than 96% of all other stocks. We also observe that the gains produced by SOC over the past year are nicely spread over this period.
SOC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 98% of 211 stocks in the same industry.
SOC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOC is lagging the market slightly.
In the last month SOC has a been trading in the 21.58 - 32.33 range, which is quite wide. It is currently trading near the high of this range.
SOC has an average volume of 1556970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SOC has an excellent technical rating, it does not present a decent entry opportunity 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
19.24
28.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.85 to 22.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.48 from a trend line in the weekly time frame.
- Support @19.43 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
CRS96.46
Mansfield4.71
10 Day High32.33
10 Day Low21.85
20 Day High32.33
20 Day Low21.58
52 Week High32.33
52 Week Low10.11
Performance
1 Week-6.99%
2 Weeks26.12%
1 Month0.81%
3 Month18.31%
6 Month83.93%
12 Month139.61%
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)0.44
RSI(14)57.72
LBB19.83
UBB33.19
28.49
-0.9 (-3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.06%
1 Week-6.99%
2 Weeks26.12%
1 Month0.81%
3 Month18.31%
6 Month83.93%
12 Month139.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.2
ATR(20)%6.98%
ATR Inc-12.05%
Range Today1.76
ADR(20)1.77
ADR(20)%6.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.46
Mansfield4.71
10 Day High32.33
10 Day Low21.85
20 Day High32.33
20 Day Low21.58
52 Week High32.33
52 Week Low10.11
CS1 End22.13
CR1 StartN/A
Volume & EV
DER(3)-6.34%
DER(5)-2.53%
Volume1.28M
Volume Incr7.76%
Vol(5)1.79M
Vol(50)1.56M