GLOBAL X SOCIAL MEDIA ETF (SOCL) Stock Technical Analysis
NASDAQ:SOCL - Nasdaq - US37950E4162 - ETF - Currency: USD
Taking everything into account, SOCL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SOCL is only an average performer.
Warning: SOCL has an average volume of 7468 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
SOCL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, SOCL outperforms 57% of them, which is more or less in line with the market.
SOCL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOCL is lagging the market slightly.
SOCL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
36.77
50.31
We found 4 important support areas.
- Support @45.98 from a horizontal line in the daily time frame.
- A support zone ranging from 44.04 to 45.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.04 to 40.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @37.14 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 46.25 to 47.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 49.76 to 49.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SOCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOCL is up. |
| ChartMill Relative Strength | 57.31 | NEUTRAL | SOCL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SOCL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.41 | NEUTRAL | The RSI value for SOCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SOCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.9 | NEUTRAL | The Stochastics value for SOCL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for SOCL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for SOCL 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)
NASDAQ:SOCL (5/22/2025, 4:15:00 PM)
45.99
-0.3 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week-1.73%
2 Weeks3.73%
1 Month6.04%
3 Month-6.22%
6 Month10.37%
12 Month7.6%
2 Year31.36%
3 Year26.35%
5 Year20.84%
10 Year127.79%
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%1.91%
ATR Inc-42.37%
Range Today0.27
ADR(20)0.68
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.31
Mansfield0.45
10 Day High47.56
10 Day Low43.96
20 Day High47.56
20 Day Low42.27
52 Week High50.23
52 Week Low36.71
CS1 End45.98
CR1 Start46.25
Volume & EV
DER(3)-12.71%
DER(5)-7.28%
Volume2.64K
Volume Incr-57.3%
Vol(5)3.01K
Vol(50)7.47K