SOUND GROUP INC (SOGP) Stock Technical Analysis
NASDAQ:SOGP - Nasdaq - US53933L2034 - ADR - Currency: USD
Taking everything into account, SOGP scores 3 out of 10 in our technical rating. In the past year, SOGP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% of all other stocks performed better in the past year than SOGP.
SOGP is one of the lesser performing stocks in the Entertainment industry. 76% of 72 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SOGP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOGP is lagging the market slightly.
In the last month SOGP has a been trading in the 1.20 - 1.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
1.25
2.29
We found 2 important support areas.
- A support zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.26 from a trend line in the daily time frame.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 1.62 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.90 from a trend line in the daily time frame.
- Resistance @2.03 from a trend line in the weekly time frame.
- Resistance @2.07 from a trend line in the daily time frame.
- Resistance @2.12 from a trend line in the weekly time frame.
- Resistance @2.22 from a horizontal line in the daily time frame.
- Resistance @2.27 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for SOGP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOGP is up. |
| ChartMill Relative Strength | 11.04 | NEGATIVE | SOGP has a low relative strength, it was outperformed by 88.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOGP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SOGP is above 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) | 56.24 | NEUTRAL | The RSI value for SOGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SOGP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.12 | NEUTRAL | The Stochastics value for SOGP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for SOGP suggests high volalility. |
| Average Directional Index/ADX (14) | 35.13 | 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 (6/13/2025, 8:00:02 PM)
1.62
-0.01 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.61%
1 Week22.17%
2 Weeks30.49%
1 Month23.66%
3 Month-29.26%
6 Month-10.99%
12 Month-24.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%6.96%
ATR Inc2.17%
Range Today0.13
ADR(20)0.1
ADR(20)%6.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.04
Mansfield-1.97
10 Day High1.99
10 Day Low1.23
20 Day High1.99
20 Day Low1.2
52 Week High2.58
52 Week Low1.18
CS1 End1.62
CR1 Start1.62
Volume & EV
DER(3)8.36%
DER(5)7.13%
Volume65.10K
Volume Incr60346.33%
Vol(5)5.69M
Vol(50)608.38K