SOCIETY PASS INC (SOPA) Stock Technical Analysis
NASDAQ:SOPA - Nasdaq - US83370P2011 - Common Stock - Currency: USD
Taking everything into account, SOPA scores 4 out of 10 in our technical rating. Although SOPA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SOPA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SOPA has a been trading in the 1.19 - 1.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SOPA is part of the Interactive Media & Services industry. There are 70 other stocks in this industry. SOPA outperforms 75% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, SOPA did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
SOPA 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
1.20
1.44
2 important support areas can be observed.
- Support @1.26 from a trend line in the daily time frame.
- A support zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.31 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.40 from a horizontal line in the daily time frame.
- Resistance @1.43 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 SOPA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOPA is down. |
| ChartMill Relative Strength | 87.33 | POSITIVE | SOPA has a high relative strength, it outperformed 87.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOPA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOPA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOPA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for SOPA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SOPA has a negative trend. |
| Stochastics (14,3) | 25.29 | NEUTRAL | The Stochastics value for SOPA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for SOPA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for SOPA suggests a possible start of a new 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)
1.26
+0.01 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0.8%
1 Week-7.35%
2 Weeks-3.82%
1 Month-9.35%
3 Month68.61%
6 Month36.38%
12 Month-1.56%
2 Year-82.89%
3 Year-95.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.22%
ATR Inc-50.36%
Range Today0.05
ADR(20)0.09
ADR(20)%7.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.33
Mansfield-0.01
10 Day High1.48
10 Day Low1.22
20 Day High1.48
20 Day Low1.19
52 Week High6.75
52 Week Low0.64
CS1 End1.26
CR1 Start1.31
Volume & EV
DER(3)-6.54%
DER(5)-4.06%
Volume40.60K
Volume Incr-58.8%
Vol(5)59.92K
Vol(50)596.88K