SOFI Daily Technical Analysis
SoFi Technologies Inc
Fintech offering digital banking, lending, and investing services.
SOFI Technical Analysis Summary
SOFI is currently undergoing a medium-term correction within a broader long-term uptrend. While the stock remains above the critical 200-day SMA, short-term indicators are bearish with price trading below the 20 and 50-day averages and MACD showing negative momentum. The stock is approaching a test of support near the lower Bollinger Band and prior swing lows, which will be pivotal for determining if the uptrend resumes or deepens toward the 200-day moving average.
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SOFI Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below both the 20-day and 50-day SMAs, with the MACD line below the signal line and zero, indicating negative momentum. RSI is below 50, reflecting weak buying pressure.
Long-term Sentiment (weeks to months): Bullish
The price remains well above the rising 200-day SMA, suggesting the primary long-term uptrend is still intact despite the recent correction.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:13:56.475Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $25.15 | $25.10 - $25.20 | Weak | Corresponds to the current Lower Bollinger Band (25.13). |
| $24.25 | $24.00 - $24.50 | Strong | Previous swing lows and consolidation zone from September/October. |
| $22.35 | $22.30 - $22.40 | Strong | Confluence with the 200-day SMA (22.34), a major structural support level. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $26.85 | $26.80 - $26.90 | Weak | The 20-day SMA and middle Bollinger Band acting as immediate dynamic resistance. |
| $27.35 | $27.30 - $27.40 | Strong | The 50-day SMA (27.32) which recently acted as support and has now flipped to resistance. |
| $31.00 | $30.00 - $32.00 | Strong | Zone of recent significant swing highs and overhead supply. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Weak | Descending Channel | Bearish | $24.50 | Price has been drifting lower in a controlled channel since the November highs. |
| Strong | Moving Average Crossover (Bearish) | Bearish | N/A | Price has crossed below the 50-day SMA, confirming the intermediate downtrend. |
Frequently Asked Questions about SOFI
What is the current sentiment for SOFI?
The short-term sentiment for SOFI is currently Bearish because Price is trading below both the 20-day and 50-day SMAs, with the MACD line below the signal line and zero, indicating negative momentum. RSI is below 50, reflecting weak buying pressure.. The long-term trend is classified as Bullish.
What are the key support levels for SOFI?
StockDips.AI has identified key support levels for SOFI at $25.15 and $24.25. These levels may represent potential accumulation zones where buying interest could emerge.
Is SOFI in a significant dip or a Value Dip right now?
SOFI has a Value Score of 50/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.