Country Icon

Sonic Foundry, Inc. (SOFO) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Radio And Television Broadcasting And Communications Equipment
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 22 Aug 2017NoneBullish EngulfingMon, 21 Aug 20173.91%
***Stock database and scans are updated around midnight (New York time) every trading day.
3.68 0.00 (0%) Aug 23 2:26pm EDT
Open: 3.55 Range: 3.55 - 3.72 Vol: 16.65K Avg Vol: 5.95K
EPS: -1.00 P/E ratio: 0.00 EBITDA: -1.62M Mkt Cap: 16.58M
Analyze "SOFO" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 3.59
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 3.57
Last Trade is below the 50 day moving average at 3.76
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 4.53
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SOFO

Stock Trend Analysis - Buy, Sell or Hold "Sonic Foundry, Inc." (SOFO)?

SOFO is in a very strong downtrend. For the last 52 weeks, SOFO has maintained to stay firmly below the 200 day moving average for 94% of the time. Rallies will be sold into until the downtrend reverses. The medium term trend for SOFO is also extremely bearish and weak, having traded almost 87% of the time below the 50 day moving average. The 20 day moving average is also indicating a very strong downtrend as SOFO has been trading below its 20 SMA for 95% of the time in the last 8 weeks. SOFO may be overdue for a relief rally but it has to be noted that as SOFO is still in a strong downtrend characterized by the 200 SMA, currently at 4.53, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SOFO".

The analyst consensus estimates for the 1 year price target for this stock is $10.40* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 22 Aug 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
FISVFiserv, Inc.Buy, Sell or HoldTrading Levels & Pivots
LECOLincoln Electric Holdings, Inc.Buy, Sell or HoldTrading Levels & Pivots
CDNSCadence Design Systems, Inc.Buy, Sell or HoldTrading Levels & Pivots
QSIIQuality Systems, Inc.Buy, Sell or HoldTrading Levels & Pivots
TSEMTower Semiconductor Ltd.Buy, Sell or HoldTrading Levels & Pivots
PRGSProgress Software CorporationBuy, Sell or HoldTrading Levels & Pivots
ZBRAZebra Technologies CorporationBuy, Sell or HoldTrading Levels & Pivots
SGMSScientific Games CorpBuy, Sell or HoldTrading Levels & Pivots
VRSNVeriSign, Inc.Buy, Sell or HoldTrading Levels & Pivots
ERTSElectronic Arts Inc.Buy, Sell or HoldTrading Levels & Pivots