SONO-TEK CORP (SOTK) Technical Analysis
NASDAQ:SOTK • US8354831088
Current stock price
4.7 USD
+0.36 (+8.29%)
At close:
4.72 USD
+0.02 (+0.43%)
After Hours:
SOTK Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SOTK. In the last year, SOTK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Warning: SOTK has an average volume of 26074 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SOTK has a been trading in the 3.86 - 4.72 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, SOTK did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SOTK is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, SOTK did better than 48% of them.
- SOTK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOTK is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SOTK Weekly and Daily overview Charts
SOTK Setup Rating and Analysis
Although SOTK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SOTK Support and Resistance Analysis
3.88
4.75
When analyzing the support we notice one important area.
- A support zone ranging from 3.92 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SOTK Technical Indicator Signal Analysis
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 SOTK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOTK is up. |
| ChartMill Relative Strength | 70.93 | POSITIVE | SOTK has a high relative strength, it outperformed 70.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOTK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOTK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOTK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.73 | OVERBOUGHT | The high RSI value suggests SOTK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SOTK has a positive trend. |
| Stochastics (14,3) | 90.1 | OVERBOUGHT | The high Stochastics value suggests SOTK may be overbought. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SOTK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for SOTK suggests a possible start of a new trend. |
SOTK Chart- and CandleStick Pattern Analysis
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)
SOTK Technicals: Chart, Performance Metrics, Trend & Indicators
4.7
+0.36 (+8.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg8.29%
1 Week12.44%
2 Weeks18.99%
1 Month16.34%
3 Month14.36%
6 Month3.07%
12 Month19.29%
2 Year5.33%
3 Year-13.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.92%
ATR Inc86.52%
Range Today0.46
ADR(20)0.18
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.93
3 months CRS88.07
6 months CRS57.59
Mansfield0.87
10 Day High4.72
10 Day Low3.95
20 Day High4.72
20 Day Low3.86
52 Week High5.15
52 Week Low3.23
CS1 End4.21
CR1 StartN/A
Volume & EV
DER(3)7.6%
DER(5)-2.6%
Volume58.60K
Volume Incr38.97%
Vol(5)31.24K
Vol(50)26.07K
SONO-TEK CORP / SOTK TA FAQ
What is the technical rating for SOTK stock?
ChartMill assigns a technical rating of 7 / 10 to SOTK.
What is the trend direction for SOTK stock?
The current trend direction for SONO-TEK CORP (SOTK) is Bearish.
What is the RSI signal for SOTK stock?
SONO-TEK CORP (SOTK) has an RSI value of 72.7258. This indicates that the stock is currently overbought.
What is the MACD signal for SONO-TEK CORP (SOTK) stock?
The MACD indicator for SONO-TEK CORP (SOTK) has a value of 0.0616023, indicating a bearish trend.
What is the short term momentum for SONO-TEK CORP (SOTK) stock?
The short term momentum for SONO-TEK CORP (SOTK) is positive.