SoFi Technologies stock falls 6.69% as daily chart stays bearish
Photo: The Cryptonomist
SoFi Technologies stock has a bearish daily setup, despite conflicting signals on the shortest timeframe. The $14.22 close sits below every major daily exponential average and the lower Bollinger band. Oversold readings complicate the outlook, but they do not establish a bullish case. Key takeaways SoFi Technologies stock closed at $14.22 on Wednesday, with daily RSI14 at 25.67 in oversold territory. The daily MACD line is -0.63, below its signal at -0.53, with the histogram at -0.1. Price sits below the daily 20-session EMA at $15.94, 50-session EMA at $16.71, and 200-session EMA at $18.28.
Source: The Cryptonomist
