RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SOS
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Volatile ride for SOS stock price on Wednesday moving between $1.38 and $1.52
(Updated on Mar 27, 2024)

Sell candidate since Feb 28, 2024 Loss -58.74% PDF

The SOS stock price gained 4.14% on the last trading day (Wednesday, 27th Mar 2024), rising from $1.45 to $1.51. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 10.14% from a day low at $1.38 to a day high of $1.52. The price has risen in 6 of the last 10 days and is up by 2.03% over the past 2 weeks. Volume fell on the last day by -20 thousand shares and in total, 260 thousand shares were bought and sold for approximately $393.30 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -55.66% during the next 3 months and, with a 90% probability hold a price between $0.530 and $1.18 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SOS Signals & Forecast

There are mixed signals in the stock today. The SOS stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.71. On a fall, the stock will find some support from the short-term average at $1.44. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 11.03%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for SOS stock

SOS finds support from accumulated volume at $1.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.140 between high and low, or 10.14%. For the last week the stock has had daily average volatility of 8.53%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SOS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect SOS Limited to open at $1.47, and during the day (based on 14 day Average True Range), to move between $1.24 and $1.78, which gives a possible trading interval of +/-$0.272 (+/-18.00%) up or down from last closing price. If SOS Limited takes out the full calculated possible swing range there will be an estimated 36.01% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $1.48, some $0.0300 (1.99%) from the current price of $1.51, our system finds the risk reward attractive.

Is SOS Limited stock A Buy?

SOS holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.885 Sell Candidate Unchanged

Predicted Opening Price for SOS Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.47 ( 2.65%) $1.51

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SOS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.61 6.62 %
R2 1.56 3.08 %
R1 1.52 0.89 %
Current price: 1.51
Support S1 1.42 -6.19 %
S2 1.38 -8.38 %
S3 1.33 -11.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 1.51
Support S1 1.48 -1.99%
S2 1.44 -4.64%
S3 1.40 -7.28%

FAQ

What is the symbol for SOS Stock and on which exchange is it traded?
The symbol for SOS is SOS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell SOS Stock?
SOS holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy SOS Stock?
SOS Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy SOS Stock.

What's the current price of SOS Stock?
As of the end of day on the 2024-03-27, the price of an SOS (SOS) share was $1.51.

What is the 52-week high and low for SOS Stock?
The 52-week high for SOS Stock is $9.50 and the 52-week low is $1.31.

What is the market capitalization of SOS Stock?
As of the 2024-03-27, the market capitalization of SOS is 469.294M.

When is the next earnings date for SOS?
The upcoming earnings date for SOS is May 16, 2024.
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About SOS Limited

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, f... SOS Profile

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