Overall SOFO gets a technical rating of 0 out of 10. SOFO'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.
SOFO has a poor technical rating and the quality of the setup is also only medium 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
0.35
We found 1 important resistance area.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for SOFO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOFO is down. |
| ChartMill Relative Strength | 5.8 | NEGATIVE | SOFO has a low relative strength, it was outperformed by 94.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOFO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOFO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOFO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.33 | NEUTRAL | The RSI value for SOFO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SOFO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.3 | OVERSOLD | The low Stochastics value suggests SOFO may be oversold. |
| Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for SOFO suggests high volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for SOFO suggests a strong trend. |
0.35
-0.02 (-4.87%)
SONIC FOUNDRY INC / SOFO FAQ
What is the technical rating for SOFO stock?
ChartMill assigns a technical rating of 0 / 10 to SOFO.
Can you provide the trend direction for SONIC FOUNDRY INC?
The current trend direction for SONIC FOUNDRY INC (SOFO) is Bearish.
What is the RSI signal for SONIC FOUNDRY INC (SOFO) stock?
SONIC FOUNDRY INC (SOFO) has an RSI value of 33.3348. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SONIC FOUNDRY INC?
The short term momentum for SONIC FOUNDRY INC (SOFO) is negative.
What are the support and resistance levels for SONIC FOUNDRY INC (SOFO) stock?
SONIC FOUNDRY INC (SOFO) has a resistance level at 0.85. Check the full technical report for our detailed analysis of SOFO support and resistance levels.