Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Socket Mobile, Inc. (NASDAQ:SCKT)
Long-Term Uptrend (+90) - SCKT is in a strong uptrend that is likely to continue. While SCKT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SCKT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCKT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCKT
The long-term trend has been UP since Oct 23rd, 2020 at 4.150
The intermediate-term trend has been UP since Oct 12th, 2021 at 6.850
The short-term trend has been UP since Oct 11th, 2021 at 6.455
Smart Scan Analysis for SCKT
Based on our trend formula, SCKT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.16||Year High Date||2018-02-14|
|Year Low||1.667||Year Low Date||2018-11-01|
|52wk High||35||52wk High Date||2021-02-16|
|52wk Low||1.32||52wk Low Date||2020-10-19|
|Year End Close||1.1||Average Volume||64,680|
|Shares Outstanding||7,174||Short Interest||88,182|
|% Institutional||17.8||Market Cap||14M|