USA - NYSE:SOS - US83587W3043 - Common Stock
We assign a technical rating of 1 out of 10 to SOS. SOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SOS has a bad technical rating, but it does show 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 2.12. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SOS in the last couple of days, which is a good sign.
1.87
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 SOS is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOS is down. |
ChartMill Relative Strength | 0.5 | NEGATIVE | SOS has a low relative strength, it was outperformed by 99.5% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOS is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SOS is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for SOS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SOS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 21.42 | NEUTRAL | The Stochastics value for SOS is a neutral value. |
Average True Range in percent/ATR (20) | 13.75 | HIGH VOLATILITY | The high ATR as a percentage value for SOS suggests high volalility. |
Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for SOS suggests a weak or negative trend. |
1.9
-0.04 (-2.06%)