SOUTH BOW CORP (SOBO) Technical Analysis
NYSE:SOBO • CA83671M1059
Current stock price
SOBO Technical Rating and Analysis
Overall SOBO gets a technical rating of 7 out of 10. In the last year, SOBO was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SOBO did better than 76% of all other stocks. On top of that, SOBO also shows a nice and consistent pattern of rising prices.
- SOBO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOBO is lagging the market slightly.
- SOBO has an average volume of 1050600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SOBO is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 47% of 209 stocks in the same industry.
SOBO Weekly and Daily overview Charts
SOBO Setup Rating and Analysis
Although SOBO has an excellent technical rating, it does not offer a high quality setup 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
SOBO Support and Resistance Analysis
25.49
4 important support areas can be observed.
- A support zone ranging from 31.30 to 31.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.09 from a horizontal line in the daily time frame.
- A support zone ranging from 27.22 to 27.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.75 to 25.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.22 to 34.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
SOBO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for SOBO is neutral. |
| ChartMill Relative Strength | 76.47 | POSITIVE | SOBO has a high relative strength, it outperformed 76.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SOBO is above a declining 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) | 45.31 | NEUTRAL | The RSI value for SOBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SOBO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.65 | NEUTRAL | The Stochastics value for SOBO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SOBO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.84 | POSITIVE | The high ADX value value for SOBO suggests a strong trend. |
SOBO Chart- and CandleStick Pattern Analysis
SOBO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SOBO (4/28/2026, 1:27:59 PM)
32.86
+0.74 (+2.3%)
SOUTH BOW CORP / SOBO TA FAQ
Can you provide the ChartMill technical rating for SOUTH BOW CORP?
ChartMill assigns a technical rating of 7 / 10 to SOBO.
What is the current trend direction of SOUTH BOW CORP (SOBO) stock?
The current trend direction for SOUTH BOW CORP (SOBO) is Bullish.
What is the RSI signal for SOUTH BOW CORP (SOBO) stock?
SOUTH BOW CORP (SOBO) has an RSI value of 45.3083. This indicates that the stock is currently neutral.
What is the MACD signal for SOBO stock?
The MACD indicator for SOUTH BOW CORP (SOBO) has a value of -0.142146, indicating a bearish trend.
What is the support and resistance level for SOBO stock?
SOUTH BOW CORP (SOBO) has a support level at 31.99 and a resistance level at 34.22. Check the full technical report for our detailed analysis of SOBO support and resistance levels.