SOCKET MOBILE INC (SCKT) Stock Technical Analysis
NASDAQ:SCKT - Nasdaq - US83368E2000 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SCKT. SCKT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
63% of all other stocks performed better in the past year than SCKT.
Warning: SCKT has an average volume of 13366 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SCKT is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 51% of 32 stocks in the same industry.
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.
In the last month SCKT has a been trading in the 1.11 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SCKT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.17, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
0.92
1.32
We found 4 important support areas.
- A support zone ranging from 1.15 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.98 from a trend line in the weekly time frame.
- Support @0.93 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.28 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SCKT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCKT is neutral. |
| ChartMill Relative Strength | 37.71 | NEUTRAL | SCKT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SCKT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SCKT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SCKT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.25 | NEUTRAL | The RSI value for SCKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SCKT has a negative trend. |
| Stochastics (14,3) | 49.65 | NEUTRAL | The Stochastics value for SCKT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SCKT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for SCKT suggests a possible start of a new trend. |
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)
NASDAQ:SCKT (7/25/2025, 8:24:28 PM)
1.185
0 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.14%
1 Week-0.42%
2 Weeks-2.55%
1 Month4.87%
3 Month-2.07%
6 Month-26.63%
12 Month3.95%
2 Year-21%
3 Year-58.13%
5 Year-32.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.44%
ATR Inc-40.3%
Range Today0.02
ADR(20)0.05
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.71
Mansfield-1.14
10 Day High1.25
10 Day Low1.16
20 Day High1.25
20 Day Low1.11
52 Week High1.72
52 Week Low0.91
CS1 End1.17
CR1 Start1.19
Volume & EV
DER(3)-8.45%
DER(5)2.26%
Volume1.30K
Volume Incr36.65%
Vol(5)12.62K
Vol(50)13.37K