We assign a technical rating of 0 out of 10 to SOBR. SOBR'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than SOBR.
- SOBR is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 87% of 123 stocks in the same industry do better.
- SOBR is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month SOBR has a been trading in the 1.13 - 2.40 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SOBR has an average volume of 3117320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of SOBR is bad and it also does not present a 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
1.28
We found 1 important resistance area.
- Resistance @1.95 from a trend 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 | DOWN | NEGATIVE | The short term trend for SOBR is down. |
| ChartMill Relative Strength | 1.63 | NEGATIVE | SOBR has a low relative strength, it was outperformed by 98.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOBR is below a declining 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) | 37.18 | NEUTRAL | The RSI value for SOBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SOBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.12 | OVERSOLD | The low Stochastics value suggests SOBR may be oversold. |
| Average True Range in percent/ATR (20) | 16.74 | HIGH VOLATILITY | The high ATR as a percentage value for SOBR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.31 | NEUTRAL | The ADX value for SOBR suggests a possible start of a new trend. |
1.29
+0.1 (+8.4%)
SOBR SAFE INC / SOBR FAQ
What is the ChartMill technical rating of SOBR SAFE INC (SOBR) stock?
ChartMill assigns a technical rating of 0 / 10 to SOBR.
Can you provide the trend direction for SOBR SAFE INC?
The current trend direction for SOBR SAFE INC (SOBR) is Bearish.
What is the RSI signal for SOBR SAFE INC (SOBR) stock?
SOBR SAFE INC (SOBR) has an RSI value of 37.1758. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOBR SAFE INC?
The MACD indicator for SOBR SAFE INC (SOBR) has a value of -0.0710049, indicating a bearish trend.
Can you provide the buy/sell signal for SOBR SAFE INC?
The buy/sell signal for SOBR SAFE INC (SOBR) is sell as both the short term and long term trends are negative.