(SOU-) Technical Analysis
NYSE:SOU-
Current stock price
SOU- Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to SOU-. In the last year, SOU- was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, SOU- is a bad performer in the overall market: 100% of all stocks are doing better.
- SOU- is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: SOU- has an average volume of 16062 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
SOU- Weekly and Daily overview Charts
SOU- Setup Rating and Analysis
Although the technical rating is bad, SOU- 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 0.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SOU- in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SOU- Support and Resistance Analysis
0.16
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.16 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
SOU- 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 | UP | POSITIVE | The long term trend for SOU- is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOU- is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SOU- has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOU- is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOU- is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 45.02 | NEUTRAL | The RSI value for SOU- is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SOU- has a positive trend. |
| Stochastics (14,3) | 60.42 | NEUTRAL | The Stochastics value for SOU- is a neutral value. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for SOU- suggests high volalility. |
| Average Directional Index/ADX (14) | 24.05 | NEUTRAL | The ADX value for SOU- suggests a possible start of a new trend. |
SOU- Chart- and CandleStick Pattern Analysis
SOU- Technicals: Chart, Performance Metrics, Trend & Indicators
/ SOU- TA FAQ
What is the ChartMill technical rating of (SOU-) stock?
ChartMill assigns a technical rating of 3 / 10 to SOU-.
Can you provide the trend direction for ?
The current trend direction for (SOU-) is Bullish.
What is the RSI signal for (SOU-) stock?
(SOU-) has an RSI value of 45.0203. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ?
The buy/sell signal for (SOU-) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for (SOU-) stock?
(SOU-) has a support level at 0.17 and a resistance level at 0.19. Check the full technical report for our detailed analysis of SOU- support and resistance levels.