Overall SORA gets a technical rating of 1 out of 10. SORA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than SORA.
- SORA is part of the Distributors industry. There are 22 other stocks in this industry, of which 61% are performing better than SORA.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: SORA has an average volume of 19874 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month SORA has a been trading in the 1.57 - 4.00 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
The technical rating of SORA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.75
We found 1 important resistance area.
- A resistance zone ranging from 2.78 to 2.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SORA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SORA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SORA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SORA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SORA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 25.06 | OVERSOLD | The low RSI value suggests SORA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SORA has a negative trend. |
| Stochastics (14,3) | 34.42 | NEUTRAL | The Stochastics value for SORA is a neutral value. |
| Average True Range in percent/ATR (20) | 21.85 | HIGH VOLATILITY | The high ATR as a percentage value for SORA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.76 | POSITIVE | The high ADX value value for SORA suggests a strong trend. |
1.77
-0.72 (-28.92%)
ASIASTRATEGY / SORA FAQ
What is the technical rating for SORA stock?
ChartMill assigns a technical rating of 1 / 10 to SORA.
What is the current trend direction of ASIASTRATEGY (SORA) stock?
The current trend direction for ASIASTRATEGY (SORA) is Bearish.
What is the RSI signal for ASIASTRATEGY (SORA) stock?
ASIASTRATEGY (SORA) has an RSI value of 25.0616. This indicates that the stock is currently oversold.
What is the MACD signal for ASIASTRATEGY (SORA) stock?
The MACD indicator for ASIASTRATEGY (SORA) has a value of -0.0430791, indicating a bearish trend.
Can you provide the short term momentum for ASIASTRATEGY?
The short term momentum for ASIASTRATEGY (SORA) is neutral.