Volatile ride for SoFi stock price on Tuesday moving between $22.26 and $25.11
The SoFi stock price gained 6.57% on the last trading day (Tuesday, 29th Jul 2025), rising from $21.02 to $22.40. During the last trading day the stock fluctuated 12.80% from a day low at $22.26 to a day high of $25.11. The price has fallen in 6 of the last 10 days but is still up by 6.87% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 169 million more shares were traded than the day before. In total, 227 million shares were bought and sold for approximately $5.08 billion.
On Jul 11, 2025, it was reported that Cowen & Co. gave SOFI a "Hold" grade with a "initialise" action.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 82.42% during the next 3 months and, with a 90% probability hold a price between $37.79 and $42.40 at the end of this 3-month period.
The SoFi stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.40 and $18.43. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 21, 2025, and so far it has risen 75.00%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
On the downside, the stock finds support just below today's level from accumulated volume at $21.20 and $19.95.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, SoFi finds support just below today's level at $21.20. If this is broken, then the next support from accumulated volume will be at $19.95 and $18.21.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.85 between high and low, or 12.80%. For the last week, the stock has had daily average volatility of 4.73%.
SoFi holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Check full SoFi forecast and analysis here.
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