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Socket Mobile, Inc.

SCKT Technical Analysis Summary (NASDAQ)

Analyze SCKT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SCKTNASDAQ
TechnologyComputer Hardware
$0.67
$0.01(2.26%)
U.S. Market opens in 60h 10m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SCKT Technical Analysis Summary (NASDAQ)

Socket Mobile, Inc. (NASDAQ: SCKT) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.31)
Trend Strength:Very Strong (ADX: 46.43)
Volatility:High (ATR: 0.27)
Support/Resistance:$-0.19 – $1.75 (Bollinger Bands)

Technical conditions suggest Socket Mobile, Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Socket Mobile, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.31

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.85

Bullish
Oversold zone signals rebound potential.

Williams %R: -87.95

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 63.01

Strongly Bullish
Strong upside momentum.

Takeaway:Socket Mobile, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 46.43

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.27

Low
Low volatility, stable price action.

CCI (14): -41.18

Bearish
Bearish, momentum remains under pressure.

Takeaway:Socket Mobile, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.75
Middle Band (SMA 20)
$0.78
Lower Band
$-0.19
Current Position
Within Bands

Takeaway:Socket Mobile, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.35
Middle Line (EMA 20)
$0.81
Lower Channel
$0.28
Squeeze Status
No Squeeze

Takeaway:Socket Mobile, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume221.50M
Money Flow Index93.94Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index26.82Bearish, price momentum favors sellers.

Overall Takeaway:SCKT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Socket Mobile, Inc. (NASDAQ: SCKT), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Socket Mobile, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: SCKT) Technical Analysis FAQ