SABLE OFFSHORE CORP (SOC) Stock Technical Analysis
USA - NYSE:SOC - US78574H1041 - Common Stock
5.34 USD
+0.5 (+10.33%)
5.34 USD
0 (0%)
Overall SOC gets a technical rating of 0 out of 10. SOC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than SOC.
SOC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 92% of 210 stocks in the same industry do better.
SOC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SOC is lagging the market.
In the last month SOC has a been trading in the 4.58 - 19.07 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SOC has an average volume of 6059550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SOC 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
5.29
5.39
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 SOC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOC is down. |
| ChartMill Relative Strength | 0.63 | NEGATIVE | SOC has a low relative strength, it was outperformed by 99.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.72 | OVERSOLD | The low RSI value suggests SOC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests SOC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.68 | OVERSOLD | The low Stochastics value suggests SOC may be oversold. |
| Average True Range in percent/ATR (20) | 31.36 | HIGH VOLATILITY | The high ATR as a percentage value for SOC suggests high volalility. |
| Average Directional Index/ADX (14) | 42.63 | POSITIVE | The high ADX value value for SOC suggests a strong 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)
5.34
+0.5 (+10.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg10.33%
1 Week-48.95%
2 Weeks-60.03%
1 Month-70.96%
3 Month-81.48%
6 Month-76.78%
12 Month-76.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%31.36%
ATR Inc-42.7%
Range Today0.96
ADR(20)1.47
ADR(20)%27.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.63
3 months CRS0.48
6 months CRS1.39
Mansfield-7.93
10 Day High14.03
10 Day Low4.58
20 Day High19.07
20 Day Low4.58
52 Week High35
52 Week Low4.58
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.99%
DER(5)-1.68%
Volume8.06M
Volume Incr83.75%
Vol(5)10.57M
Vol(50)6.06M
SABLE OFFSHORE CORP / SOC FAQ
What is the technical rating for SOC stock?
ChartMill assigns a technical rating of 0 / 10 to SOC.
What is the current trend direction of SABLE OFFSHORE CORP (SOC) stock?
The current trend direction for SABLE OFFSHORE CORP (SOC) is Bearish.
Can you provide the RSI signal for SABLE OFFSHORE CORP?
SABLE OFFSHORE CORP (SOC) has an RSI value of 22.7167. This indicates that the stock is currently oversold.
What is the short term momentum for SOC stock?
The short term momentum for SABLE OFFSHORE CORP (SOC) is negative.