SOUND GROUP INC (SOGP) Stock Technical Analysis
NASDAQ:SOGP - Nasdaq - US53933L2034 - ADR - Currency: USD
Overall SOGP gets a technical rating of 0 out of 10. SOGP'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SOGP is a bad performer in the overall market: 94% of all stocks are doing better.
SOGP is one of the lesser performing stocks in the Entertainment industry. 84% of 71 stocks in the same industry do better.
SOGP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SOGP is lagging the market.
In the last month SOGP has a been trading in the 1.18 - 2.24 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of SOGP is bad and it also does not present a quality setup 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
1.24
2.32
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.33 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.11 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.27 to 2.30. 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 | DOWN | NEGATIVE | The long term trend for SOGP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOGP is down. |
| ChartMill Relative Strength | 6.64 | NEGATIVE | SOGP has a low relative strength, it was outperformed by 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOGP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOGP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.58 | NEUTRAL | The RSI value for SOGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SOGP has a positive trend. |
| Stochastics (14,3) | 37.23 | NEUTRAL | The Stochastics value for SOGP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.64 | HIGH VOLATILITY | The high ATR as a percentage value for SOGP suggests high volalility. |
| Average Directional Index/ADX (14) | 36.16 | POSITIVE | The high ADX value value for SOGP suggests a strong 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:SOGP (5/23/2025, 8:56:32 PM)
1.254
-0.04 (-2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.79%
1 Week-5.47%
2 Weeks-0.28%
1 Month-43.26%
3 Month-44.27%
6 Month-25.8%
12 Month-50.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.64%
ATR Inc-40.94%
Range Today0.05
ADR(20)0.11
ADR(20)%8.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.64
Mansfield-3.79
10 Day High1.39
10 Day Low1.23
20 Day High2.24
20 Day Low1.18
52 Week High2.58
52 Week Low1.18
CS1 EndN/A
CR1 Start1.33
Volume & EV
DER(3)-13.96%
DER(5)0.58%
Volume4.80K
Volume Incr-89.69%
Vol(5)6.38K
Vol(50)50.15K