SOCIETY PASS INC (SOPA) Stock Technical Analysis
NASDAQ:SOPA - Nasdaq - US83370P2011 - Common Stock - Currency: USD
Overall SOPA gets a technical rating of 0 out of 10. SOPA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than SOPA.
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 1.11 - 1.35 range, which is quite wide. It is currently trading near the lows of this range.
SOPA is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, SOPA did better than 42% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SOPA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.16, a Stop Loss order could be placed below this zone.
More info and screens
1.13
1.44
We can see 4 important resistance areas.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.43 from a horizontal line 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 SOPA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOPA is down. |
| ChartMill Relative Strength | 23.26 | NEGATIVE | SOPA has a low relative strength, it was outperformed by 76.74% 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) | DOWN | NEGATIVE | The current price of SOPA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOPA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 28.63 | NEUTRAL | The Stochastics value for SOPA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for SOPA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for SOPA suggests a weak or negative 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)
1.145
-0.05 (-4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-4.58%
1 Week-1.64%
2 Weeks-6.25%
1 Month-9.77%
3 Month-4.76%
6 Month-46.67%
12 Month-4.76%
2 Year-81.41%
3 Year-95.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.4%
ATR Inc23.17%
Range Today0.12
ADR(20)0.06
ADR(20)%5.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.26
Mansfield-0.31
10 Day High1.3
10 Day Low1.11
20 Day High1.35
20 Day Low1.11
52 Week High6.75
52 Week Low0.64
CS1 End1.16
CR1 Start1.27
Volume & EV
DER(3)-8.6%
DER(5)-15.69%
Volume43.42K
Volume Incr-49.67%
Vol(5)32.34K
Vol(50)118.59K