SOBR SAFE INC (SOBR) Technical Analysis
NASDAQ:SOBR • US8335924051
Current stock price
SOBR Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SOBR is a bad performer in the overall market: 99% of all stocks are doing better.
- SOBR is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 90% of 124 stocks in the same industry do better.
- SOBR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SOBR is lagging the market.
- In the last month SOBR has a been trading in the 0.47 - 1.03 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 Weekly and Daily overview Charts
SOBR Setup Rating and Analysis
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
SOBR Support and Resistance Analysis
0.54
2 important resistance areas can be observed.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.91 from a trend line in the daily time frame.
SOBR 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 | 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 | NEGATIVE | SOBR has a low relative strength, it was outperformed by 99% 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) | 34.37 | NEUTRAL | The RSI value for SOBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SOBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.43 | OVERSOLD | The low Stochastics value suggests SOBR may be oversold. |
| Average True Range in percent/ATR (20) | 20 | HIGH VOLATILITY | The high ATR as a percentage value for SOBR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for SOBR suggests a weak or negative trend. |
SOBR Chart- and CandleStick Pattern Analysis
SOBR Technicals: Chart, Performance Metrics, Trend & Indicators
0.547
-0.01 (-2.32%)
SOBR SAFE INC / SOBR TA 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.
Can you provide the RSI signal for SOBR SAFE INC?
SOBR SAFE INC (SOBR) has an RSI value of 34.3659. This indicates that the stock is currently neutral.
What is the short term momentum for SOBR SAFE INC (SOBR) stock?
The short term momentum for SOBR SAFE INC (SOBR) is negative.
What is the support and resistance level for SOBR stock?
SOBR SAFE INC (SOBR) has a resistance level at 0.87. Check the full technical report for our detailed analysis of SOBR support and resistance levels.