SOUTH BOW CORP (SOBO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SOBO - CA83671M1059 - Common Stock
We assign a technical rating of 1 out of 10 to SOBO. SOBO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 69% of all other stocks performed better in the past year than SOBO.
- SOBO is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 211 stocks in the same industry do better.
- SOBO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- SOBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOBO is lagging the market.
Although the technical rating is bad, SOBO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
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31.98
4 important support areas can be observed.
- Support @36.35 from a trend line in the daily time frame.
- A support zone ranging from 35.45 to 35.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.65 from a horizontal line in the daily time frame.
- Support @32.30 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 36.81 to 37.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.36 to 38.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 40.53 to 40.53. 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 SOBO.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOBO.CA is down. |
| ChartMill Relative Strength | 31.62 | NEUTRAL | SOBO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOBO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOBO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOBO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.39 | NEUTRAL | The RSI value for SOBO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SOBO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.33 | NEUTRAL | The Stochastics value for SOBO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for SOBO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for SOBO.CA suggests a possible start of a new trend. |
TSX:SOBO (1/14/2026, 7:00:00 PM)
36.53
-0.35 (-0.95%)
SOUTH BOW CORP / SOBO.CA FAQ
Can you provide the ChartMill technical rating for SOUTH BOW CORP?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for SOBO stock?
SOUTH BOW CORP (SOBO.CA) has an RSI value of 41.3894. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOUTH BOW CORP?
The MACD indicator for SOUTH BOW CORP (SOBO.CA) has a value of -0.157604, 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 negative.