SOFI Weekly Technical Analysis
SoFi Technologies Inc
Fintech offering digital banking, lending, and investing services.
SOFI Technical Analysis Summary
SOFI has suffered significant technical damage on the weekly chart following a parabolic advance. The decisive break below the 50-week SMA, coupled with plunging momentum indicators (RSI and MACD), confirms a major trend reversal. In the near term, downside pressure remains dominant, and investors should watch for potential stabilization in the $16-$18 zone, with a deeper structural floor down near $10-$12.
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SOFI Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep downtrend, having recently broken below the 50-week SMA. RSI is falling sharply toward oversold territory, and the MACD shows expanding negative momentum after crossing below the zero line.
Long-term Sentiment (weeks to months): Neutral
The major parabolic uptrend has been broken with the loss of the 50-week SMA. While price is still above the long-term 200-week SMA base, the severity of the current retracement and structural damage suggests a prolonged period of correction or consolidation is likely.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:37:10.971Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $17.00 | $16.00 - $18.00 | Weak | Initial potential support zone based on prior areas of consolidation and minor resistance on the way up. |
| $11.00 | $10.00 - $12.00 | Strong | Major structural base level before the massive run-up, roughly aligning with the current position of the 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $21.50 | $21.00 - $22.00 | Strong | The recently broken 50-week SMA, which is expected to act as strong overhead resistance on any bounce. |
| $26.00 | $25.00 - $27.00 | Strong | Zone encompassing the descending 20-week SMA and the lower bounds of the distribution area before the final leg down. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Top Breakdown | Bearish | N/A | A massive, steep run-up followed by a sharp reversal that has broken key structural support levels, including the 50-week moving average. |
Frequently Asked Questions about SOFI
What is the current sentiment for SOFI?
The short-term sentiment for SOFI is currently Bearish because Price is in a steep downtrend, having recently broken below the 50-week SMA. RSI is falling sharply toward oversold territory, and the MACD shows expanding negative momentum after crossing below the zero line.. The long-term trend is classified as Neutral.
What are the key support levels for SOFI?
StockDips.AI has identified key support levels for SOFI at $17.00 and $11.00. 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 58/100. 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.