NYSE:SOBO • CA83671M1059
Taking everything into account, SOBO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SOBO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SOBO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
24.48
When analyzing the support we can see 5 important areas.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOBO is up. |
| ChartMill Relative Strength | 78.26 | POSITIVE | SOBO has a high relative strength, it outperformed 78.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOBO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOBO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.68 | OVERBOUGHT | The high RSI value suggests SOBO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests SOBO has a positive trend. |
| Stochastics (14,3) | 92.21 | OVERBOUGHT | The high Stochastics value suggests SOBO may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SOBO suggests some volalility. |
| Average Directional Index/ADX (14) | 52.43 | POSITIVE | The high ADX value value for SOBO suggests a strong trend. |
32.69
+0.9 (+2.83%)
ChartMill assigns a technical rating of 9 / 10 to SOBO.
The current trend direction for SOUTH BOW CORP (SOBO) is Bullish.
SOUTH BOW CORP (SOBO) has an RSI value of 82.6838. This indicates that the stock is currently overbought.
The MACD indicator for SOUTH BOW CORP (SOBO) has a value of 0.276553, indicating a bearish trend.
The short term momentum for SOUTH BOW CORP (SOBO) is positive.