SONIC FOUNDRY INC (SOFO) Stock Technical Analysis
NASDAQ:SOFO - Nasdaq - US83545R2076 - Common Stock - Currency: USD
Overall SOFO gets a technical rating of 0 out of 10. SOFO 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.
When comparing the yearly performance of all stocks, SOFO is a bad performer in the overall market: 95% of all stocks are doing better.
SOFO is one of the lesser performing stocks in the Software industry. 83% of 283 stocks in the same industry do better.
SOFO 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 SOFO is lagging the market.
In the last month SOFO has a been trading in the 0.35 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: SOFO has an average volume of 15310 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
SOFO has a poor technical rating and the quality of the setup is also not perfect 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
0.86
When analyzing the resistance we notice one important 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.8
Mansfield-5.89
10 Day High0.43
10 Day Low0.35
20 Day High0.5
20 Day Low0.35
52 Week High1.9
52 Week Low0.35
Performance
1 Week-3.07%
2 Weeks-2.29%
1 Month-22.2%
3 Month-50.7%
6 Month-56.79%
12 Month-61.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)33.33
LBB0.33
UBB0.44
0.35
-0.02 (-4.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.87%
1 Week-3.07%
2 Weeks-2.29%
1 Month-22.2%
3 Month-50.7%
6 Month-56.79%
12 Month-61.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%9.17%
ATR Inc24.01%
Range Today0.03
ADR(20)0.03
ADR(20)%8.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.8
Mansfield-5.89
10 Day High0.43
10 Day Low0.35
20 Day High0.5
20 Day Low0.35
52 Week High1.9
52 Week Low0.35
CS1 EndN/A
CR1 Start0.85
Volume & EV
DER(3)-0.66%
DER(5)1.98%
Volume133.90K
Volume Incr235.9%
Vol(5)47.48K
Vol(50)15.31K