SOCKET MOBILE INC (SCKT) Stock Technical Analysis
USA - NASDAQ:SCKT - US83368E2000 - Common Stock
0.9701 USD
-0.02 (-2.5%)
Taking everything into account, SCKT scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SCKT is a bad performer in the overall market: 86% of all stocks are doing better.
SCKT is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 75% of 33 stocks in the same industry do better.
SCKT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: SCKT has an average volume of 18430 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SCKT has a been trading in the 0.82 - 1.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SCKT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.95, a Stop Loss order could be placed below this zone.
More info and screens
0.93
1.15
We found 1 important support area.
- A support zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @0.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.02 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.10 from a trend line in the weekly time frame.
- Resistance @1.14 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SCKT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCKT is down. |
| ChartMill Relative Strength | 14.4 | NEGATIVE | SCKT has a low relative strength, it was outperformed by 85.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCKT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCKT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCKT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.69 | 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) | 67.9 | NEUTRAL | The Stochastics value for SCKT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SCKT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.8 | 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 (10/16/2025, 8:14:38 PM)
0.9701
-0.02 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-2.5%
1 Week-7.61%
2 Weeks-4.89%
1 Month-7.69%
3 Month-18.48%
6 Month-15.64%
12 Month-16.52%
2 Year0.53%
3 Year-49.99%
5 Year-62.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%3.95%
ATR Inc-31.36%
Range Today0.04
ADR(20)0.04
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.4
Mansfield-2.68
10 Day High1.07
10 Day Low0.82
20 Day High1.07
20 Day Low0.82
52 Week High1.72
52 Week Low0.82
CS1 End0.95
CR1 Start0.98
Volume & EV
DER(3)-11.76%
DER(5)-14.55%
Volume7.10K
Volume Incr158.56%
Vol(5)41.90K
Vol(50)18.43K