SOCKET MOBILE INC (SCKT) Stock Technical Analysis
NASDAQ:SCKT - Nasdaq - US83368E2000 - Common Stock - Currency: USD
Overall SCKT gets a technical rating of 3 out of 10. In the past year, SCKT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SCKT is a bad performer in the overall market: 67% of all stocks are doing better.
Warning: SCKT has an average volume of 14560 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SCKT is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 70% of 32 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SCKT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SCKT is lagging the market slightly.
In the last month SCKT has a been trading in the 1.06 - 1.22 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.
SCKT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone.
More info and screens
0.92
1.32
We found 3 important support areas.
- A support zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.93 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.16 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.21 from a horizontal line in the daily time frame.
- Resistance @1.28 from a horizontal line in the daily time frame.
- Resistance @1.31 from a horizontal line in the weekly 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 | 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 | 33.63 | NEUTRAL | SCKT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCKT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SCKT is below the rising 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) | 48.55 | NEUTRAL | The RSI value for SCKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SCKT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.98 | NEUTRAL | The Stochastics value for SCKT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for SCKT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.73 | NEGATIVE | The low ADX value for SCKT suggests a weak or negative 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 (6/20/2025, 8:00:02 PM)
1.14
+0.01 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.49%
1 Week-5%
2 Weeks1.79%
1 Month5.56%
3 Month-5%
6 Month-14.93%
12 Month-0.87%
2 Year-20.83%
3 Year-62.5%
5 Year-26.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.02%
ATR Inc-3.29%
Range Today0.07
ADR(20)0.06
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.63
Mansfield-0.92
10 Day High1.22
10 Day Low1.08
20 Day High1.22
20 Day Low1.06
52 Week High1.72
52 Week Low0.91
CS1 End1.1
CR1 Start1.16
Volume & EV
DER(3)0.64%
DER(5)-0.4%
Volume11.30K
Volume Incr84.55%
Vol(5)25.92K
Vol(50)14.56K