Logo image of SOTK

SONO-TEK CORP (SOTK) Stock Technical Analysis

NASDAQ:SOTK - Nasdaq - US8354831088 - Common Stock - Currency: USD

3.805  +0.08 (+2.28%)

Technical Rating and Analysis

1

Overall SOTK gets a technical rating of 1 out of 10. SOTK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
74% of all other stocks performed better in the past year than SOTK.
SOTK is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 64% are performing better than SOTK.
SOTK 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 SOTK is lagging the market.
Warning: SOTK has an average volume of 7860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SOTK has a been trading in the 3.64 - 4.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SONO-TEK CORP / SOTK Weekly stock chart
SONO-TEK CORP / SOTK Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, SOTK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.54, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.46

5.00

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 3.79 to 3.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.49 to 3.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 3.82 to 3.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 4.00 to 4.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.28 from a trend line in the weekly time frame.
  • Resistance @4.95 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SOTK is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SOTK is neutral.
ChartMill Relative Strength26.74NEGATIVESOTK has a low relative strength, it was outperformed by 73.26% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SOTK is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SOTK is above the rising SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of SOTK is below the rising SMA(200).
Relative Strength Index/RSI (14)42.39NEUTRALThe RSI value for SOTK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests SOTK has a negative trend.
Stochastics (14,3)29.93NEUTRALThe Stochastics value for SOTK is a neutral value.
Average True Range in percent/ATR (20)5.75HIGH VOLATILITYThe high ATR as a percentage value for SOTK suggests high volalility.
Average Directional Index/ADX (14)32.45POSITIVEThe high ADX value value for SOTK suggests a strong trend.
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)
SONO-TEK CORP / SOTK Daily stock chart

SONO-TEK CORP

NASDAQ:SOTK (6/3/2025, 9:47:59 AM)

3.805

+0.08 (+2.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.28%
1 Week-2.36%
2 Weeks-3.12%
1 Month-7.12%
3 Month-0.4%
6 Month-20%
12 Month-17.15%
2 Year-31.17%
3 Year-49.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.75%
ATR Inc-10.67%
Range Today0
ADR(20)0.21
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.74
Mansfield-1.14
10 Day High4.13
10 Day Low3.64
20 Day High4.13
20 Day Low3.64
52 Week High6.05
52 Week Low3.5
CS1 End3.54
CR1 Start3.79
Volume & EV
DER(3)0.86%
DER(5)-9.81%
Volume66
Volume Incr-23.1%
Vol(5)7.34K
Vol(50)7.86K