Overall SODA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SODA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SODA did better than 98% of all other stocks. On top of that, SODA also shows a nice and consistent pattern of rising prices.
- SODA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SODA has a been trading in a tight range between 143.11 and 143.85.
- Volume is considerably higher in the last couple of days.
SODA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 143.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 143.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
76.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 142.70 to 143.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 143.69 to 143.69. 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 SODA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SODA is up. |
| ChartMill Relative Strength | 98.11 | POSITIVE | SODA has a high relative strength, it outperformed 98.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SODA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SODA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SODA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.2 | OVERBOUGHT | The high RSI value suggests SODA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SODA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.88 | NEUTRAL | The Stochastics value for SODA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for SODA suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 143.70 | 143.14 | 0.56 (0.39%) | 25.00% |
| An entry @143.70. This is a Buy Stop order right above the resistance zone. | An exit @143.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.56 points, which is 0.39%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
143.68
0 (0%)
SODASTREAM INTERNATIONAL LTD / SODA FAQ
What is the ChartMill technical rating of SODASTREAM INTERNATIONAL LTD (SODA) stock?
ChartMill assigns a technical rating of 9 / 10 to SODA.
What is the current trend direction of SODASTREAM INTERNATIONAL LTD (SODA) stock?
The current trend direction for SODASTREAM INTERNATIONAL LTD (SODA) is Bullish.
What is the RSI signal for SODASTREAM INTERNATIONAL LTD (SODA) stock?
SODASTREAM INTERNATIONAL LTD (SODA) has an RSI value of 73.1987. This indicates that the stock is currently overbought.
What is the short term momentum for SODA stock?
The short term momentum for SODASTREAM INTERNATIONAL LTD (SODA) is positive.
Can you provide the support and resistance levels for SODASTREAM INTERNATIONAL LTD?
SODASTREAM INTERNATIONAL LTD (SODA) has a support level at 143.5 and a resistance level at 143.69. Check the full technical report for our detailed analysis of SODA support and resistance levels.