JJ8
2 months ago
Sofi share price Long Tail Up on 11-Nov-2024. Be aware of it. However, chart is looking good, and,
Momentum for SOFI is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.
The last 10-days have seen significant volume in SOFI, with average daily volume above the average for the last year. Today's volume is no exception; with 83,188,062 shares having been traded already. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers as of 2:23 PM ET Monday, 11/11/2024.
GLTA
JJ8
2 months ago
Trend Analysis: SOFI
SOFI appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
Momentum for SOFI is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.
Today's volume is on track to be lighter than usual, with 21,717,448 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.
Bollinger Bands® use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands® are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend as of 12:43 PM ET Friday, 11/01/2024
Cheers & GLTA
BigHeis
2 months ago
Earnings out this morning. Wow, best quarter ever!
SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong ReturnsRecord Adjusted Net Revenue with Growth Accelerating to 30% Driven by 64% Combined Growth in Financial Services and Tech Platform Segments, representing 49% of Total Adjusted Net Revenue35% Growth in Members and Strong Product Innovation Remain Key Drivers of GrowthCompany Recorded $174 Million in Capital Light, Fee-Based Revenue, Reinforcing Strength of Increased Mix of Higher ROE RevenueManagement Raises FY24 Guidance