SOCIETY PASS INC (SOPA) Stock Technical Analysis
NASDAQ:SOPA - Nasdaq - US83370P2011 - Common Stock - Currency: USD
Overall SOPA gets a technical rating of 7 out of 10. SOPA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
SOPA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOPA is lagging the market.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, SOPA turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
SOPA is an average performer in the Interactive Media & Services industry, it outperforms 68% of 71 stocks in the same industry.
In the last month SOPA has a been trading in the 1.07 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SOPA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.43. Right above this resistance zone may be a good entry point.
More info and screens
1.13
1.44
2 important support areas can be observed.
- A support zone ranging from 1.31 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.43 to 1.43. 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 | UP | POSITIVE | The long term trend for SOPA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOPA is up. |
| ChartMill Relative Strength | 52.7 | NEUTRAL | SOPA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOPA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOPA is above 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) | 52.8 | 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) | 41.19 | NEUTRAL | The Stochastics value for SOPA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.23 | HIGH VOLATILITY | The high ATR as a percentage value for SOPA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for SOPA 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)
1.32
-0.09 (-6.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-6.38%
1 Week-7.69%
2 Weeks0.76%
1 Month14.78%
3 Month12.82%
6 Month53.13%
12 Month-7.04%
2 Year-82.66%
3 Year-95.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%11.23%
ATR Inc-11.07%
Range Today0.15
ADR(20)0.15
ADR(20)%11.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.7
Mansfield0.89
10 Day High1.49
10 Day Low1.18
20 Day High1.67
20 Day Low1.07
52 Week High6.75
52 Week Low0.64
CS1 End1.32
CR1 Start1.43
Volume & EV
DER(3)-0.74%
DER(5)-4.01%
Volume200.20K
Volume Incr-34.44%
Vol(5)116.46K
Vol(50)588.24K