SOBR SAFE INC (SOBR) Stock Technical Analysis
NASDAQ:SOBR - Nasdaq - US8335924051 - Common Stock - Currency: USD
Overall SOBR gets a technical rating of 1 out of 10. SOBR 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than SOBR.
SOBR is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 92% are performing better than SOBR.
SOBR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SOBR has a been trading in the 2.80 - 3.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SOBR has a poor technical rating and the quality of the setup is also 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
2.91
3.82
When analyzing the support we notice one important area.
- Support @2.94 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @3.68 from a horizontal line in the weekly time frame.
- Resistance @3.78 from a horizontal 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 SOBR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOBR is neutral. |
| ChartMill Relative Strength | 1.05 | NEGATIVE | SOBR has a low relative strength, it was outperformed by 98.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOBR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for SOBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SOBR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.88 | OVERBOUGHT | The high Stochastics value suggests SOBR may be overbought. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for SOBR suggests high volalility. |
| Average Directional Index/ADX (14) | 11.87 | NEGATIVE | The low ADX value for SOBR suggests a weak or negative 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)
3.52
-0.12 (-3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.3%
1 Week4.14%
2 Weeks10.69%
1 Month4.3%
3 Month-44.6%
6 Month-90.14%
12 Month-98.56%
2 Year-99.81%
3 Year-99.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%7.67%
ATR Inc-31.51%
Range Today0.13
ADR(20)0.25
ADR(20)%7.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.05
Mansfield-9.41
10 Day High3.83
10 Day Low2.91
20 Day High3.83
20 Day Low2.8
52 Week High263.89
52 Week Low2.4
CS1 End2.94
CR1 Start3.68
Volume & EV
DER(3)1.61%
DER(5)9.18%
Volume18.30K
Volume Incr-80.95%
Vol(5)35.42K
Vol(50)422.92K