SOUTH BOW CORP (SOBO.CA) Technical Analysis
TSX:SOBO • CA83671M1059
We assign a technical rating of 8 out of 10 to SOBO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SOBO is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- SOBO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SOBO has a been trading in the 39.30 - 46.48 range, which is quite wide. It is currently trading near the high of this range.
- SOBO has an average volume of 1056530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, SOBO outperforms 65% of them, which is more or less in line with the market.
- SOBO is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, SOBO did better than 55% of them.
SOBO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.97
4 important support areas can be observed.
- A support zone ranging from 44.78 to 45.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.15 to 37.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 35.32 to 35.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.48 to 45.56. 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 | UP | POSITIVE | The long term trend for SOBO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOBO.CA is up. |
| ChartMill Relative Strength | 65.47 | NEUTRAL | SOBO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOBO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOBO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOBO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.43 | OVERBOUGHT | The high RSI value suggests SOBO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SOBO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.41 | OVERBOUGHT | The high Stochastics value suggests SOBO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SOBO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 64.78 | POSITIVE | The high ADX value value for SOBO.CA suggests a strong trend. |
SOBO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SOBO (3/9/2026, 7:00:00 PM)
45.31
-0.16 (-0.35%)
SOUTH BOW CORP / SOBO.CA FAQ
Can you provide the ChartMill technical rating for SOUTH BOW CORP?
ChartMill assigns a technical rating of 8 / 10 to SOBO.CA.
Can you provide the trend direction for SOUTH BOW CORP?
The current trend direction for SOUTH BOW CORP (SOBO.CA) is Bullish.
What is the RSI signal for SOBO stock?
SOUTH BOW CORP (SOBO.CA) has an RSI value of 76.427. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SOUTH BOW CORP?
The MACD indicator for SOUTH BOW CORP (SOBO.CA) has a value of 0.131703, indicating a bearish trend.
Can you provide the short term momentum for SOUTH BOW CORP?
The short term momentum for SOUTH BOW CORP (SOBO.CA) is positive.