27.07 USD
-0.41 (-1.49%)
27.04 USD
-0.03 (-0.11%)
We assign a technical rating of 6 out of 10 to SOFI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SOFI is one of the better performing stocks in the market, outperforming 89% of all stocks.
SOFI is part of the Consumer Finance industry. There are 55 other stocks in this industry. SOFI outperforms 88% of them.
SOFI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOFI is lagging the market slightly.
SOFI has an average volume of 67078100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SOFI has a been trading in the 25.17 - 30.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SOFI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
24.25
30.02
3 important support areas can be observed.
- Support @25.81 from a trend line in the daily time frame.
- A support zone ranging from 24.91 to 25.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.49 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.48 to 27.54. 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 29.51 to 29.72. This zone is formed by a combination of multiple trend lines in the weekly 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 | UP | POSITIVE | The long term trend for SOFI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOFI is neutral. |
| ChartMill Relative Strength | 89.68 | POSITIVE | SOFI has a high relative strength, it outperformed 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOFI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.15 | NEUTRAL | The RSI value for SOFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SOFI has a positive trend. |
| Stochastics (14,3) | 66.57 | NEUTRAL | The Stochastics value for SOFI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.04 | NEGATIVE | The low ADX value for SOFI 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)
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 |
|---|---|---|---|
| 27.55 | 25.80 | 1.75 (6.35%) | 15.74% |
| An entry @27.55. This is a Buy Stop order right above the resistance zone. | An exit @25.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.75 points, which is 6.35%. | When investing 15.74% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
27.07
-0.41 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.49%
1 Week2.97%
2 Weeks0%
1 Month-4.98%
3 Month-3.25%
6 Month57.57%
12 Month69.4%
2 Year172.06%
3 Year487.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%4.17%
ATR Inc-57.36%
Range Today0.52
ADR(20)0.99
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.68
3 months CRS33.71
6 months CRS92.48
Mansfield2.51
10 Day High27.62
10 Day Low25.17
20 Day High30.42
20 Day Low25.17
52 Week High32.73
52 Week Low8.6
CS1 End25.81
CR1 Start27.48
Volume & EV
DER(3)-0.07%
DER(5)1.05%
Volume24.74M
Volume Incr-52.42%
Vol(5)29.13M
Vol(50)67.08M
SOFI TECHNOLOGIES INC / SOFI FAQ
Can you provide the ChartMill technical rating for SOFI TECHNOLOGIES INC?
ChartMill assigns a technical rating of 6 / 10 to SOFI.
What is the trend direction for SOFI stock?
The current trend direction for SOFI TECHNOLOGIES INC (SOFI) is Bullish.
What is the RSI signal for SOFI stock?
SOFI TECHNOLOGIES INC (SOFI) has an RSI value of 48.1463. This indicates that the stock is currently neutral.
What is the short term momentum for SOFI stock?
The short term momentum for SOFI TECHNOLOGIES INC (SOFI) is neutral.