SOCKET MOBILE INC (SCKT) Stock Technical Analysis
NASDAQ:SCKT - US83368E2000 - Common Stock
1.041 USD
+0 (+0.1%)
Taking everything into account, SCKT scores 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than SCKT.
SCKT is part of the Technology Hardware, Storage & Peripherals industry. There are 33 other stocks in this industry, of which 71% are performing better than SCKT.
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.
Warning: SCKT has an average volume of 13030 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 0.85 - 1.10 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, SCKT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.06. Right above this resistance zone may be a good entry point. 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
0.92
1.19
We found 1 important support area.
- A support zone ranging from 0.93 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 3 important areas.
- A resistance zone ranging from 1.06 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.15 from a trend line in the weekly time frame.
- Resistance @1.18 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 | NEUTRAL | NEUTRAL | The short term trend for SCKT is neutral. |
| ChartMill Relative Strength | 16.17 | NEGATIVE | SCKT has a low relative strength, it was outperformed by 83.83% off all stocks 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) | 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) | 47.22 | NEUTRAL | The RSI value for SCKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SCKT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.94 | NEUTRAL | The Stochastics value for SCKT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for SCKT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.72 | POSITIVE | The high ADX value value for SCKT suggests a strong 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 (9/5/2025, 8:00:02 PM)
1.041
+0 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.1%
1 Week-2.07%
2 Weeks-2.25%
1 Month8.44%
3 Month-7.39%
6 Month-6.47%
12 Month-11.03%
2 Year-8.68%
3 Year-50.9%
5 Year-18.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.19%
ATR Inc-65.03%
Range Today0.02
ADR(20)0.06
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.17
Mansfield-2.21
10 Day High1.1
10 Day Low0.85
20 Day High1.1
20 Day Low0.85
52 Week High1.72
52 Week Low0.85
CS1 End0.95
CR1 Start1.06
Volume & EV
DER(3)-7.92%
DER(5)-1.87%
Volume9.60K
Volume Incr-54.26%
Vol(5)8.48K
Vol(50)13.03K