SOUND GROUP INC (SOGP)

US53933L2034 - ADR

2.03  0 (0%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to SOGP. SOGP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

100% of all other stocks performed better in the past year than SOGP.
SOGP is one of the lesser performing stocks in the Entertainment industry. 92% of 72 stocks in the same industry do better.
Warning: SOGP has an average volume of 23062 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SOGP has a been trading in the 1.69 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SOGP Weekly chart
SOGP Daily chart
Setup Rating and Analysis

8

SOGP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for SOGP in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

1.52

2.53

3 important support areas can be observed.

  • Support @1.78 from a horizontal line in the daily time frame.
  • Support @1.74 from a trend line in the weekly time frame.
  • Support @1.54 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • Resistance @2.21 from a trend line in the daily time frame.
  • A resistance zone ranging from 2.25 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.36 from a trend line in the daily time frame.
  • Resistance @2.50 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 High2.4
10 Day Low1.73
20 Day High2.4
20 Day Low1.69
52 Week HighN/A
52 Week LowN/A
Performance
1 Week4.64%
2 Weeks11.89%
1 Month9.14%
3 Month-10.66%
6 Month-1.93%
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)0.03
RSI(14)53.77
LBB1.63
UBB2.28
SOGP Daily chart

SOUND GROUP INC

NASDAQ:SOGP (12/30/2024, 10:37:48 AM)

2.03

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0%
1 Week4.64%
2 Weeks11.89%
1 Month9.14%
3 Month-10.66%
6 Month-1.93%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.09%
ATR Inc88.6%
Range Today0.2
ADR(20)0.18
ADR(20)%8.94%
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 High2.4
10 Day Low1.73
20 Day High2.4
20 Day Low1.69
52 Week HighN/A
52 Week LowN/A
CS1 End1.78
CR1 Start2.21
Volume & EV
DER(3)6.39%
DER(5)8.71%
Volume5.79K
Volume Incr90.92%
Vol(5)55.78K
Vol(50)23.06K