SOFI Weekly Technical Analysis
SoFi Technologies Inc
Fintech offering digital banking, lending, and investing services.
SOFI Technical Analysis Summary
SoFi Technologies is undergoing a severe correction following a parabolic run-up to the $32-$34 range. Short-term momentum is decisively bearish as price crashes through the 20-week SMA and lower Bollinger Band, supported by a bearish MACD crossover. However, the long-term trend remains technically intact as long as the price can find support near the rising 50-week SMA around $21.
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SOFI Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The stock has posted a massive bearish weekly candle (-11.76%), breaking below the 20-week SMA and the Lower Bollinger Band. RSI is falling sharply towards oversold territory, and the MACD has confirmed a bearish crossover with expanding negative histogram.
Long-term Sentiment (weeks to months): Bullish
Despite the sharp recent correction, the price remains structurally in an uptrend, trading above the rising 50-week and 200-week SMAs. The pullback is currently testing the strength of the major advance from single-digit lows.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:36:52.514Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $21.00 | $20.50 - $21.50 | Strong | Confluence with the rising 50-week SMA (approx 20.93) and psychological round number. |
| $16.75 | $16.00 - $17.50 | Strong | Major prior consolidation zone and breakout level from the previous base. |
| $11.25 | $11.00 - $11.50 | Weak | Location of the 200-week SMA, far below current price. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $27.50 | $27.00 - $28.00 | Strong | Area of the broken 20-week SMA and recent breakdown point. |
| $33.00 | $32.00 - $34.00 | Strong | Recent swing highs and peak of the parabolic run. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Blow-off Top | Bearish | N/A | After a parabolic vertical move to highs near $34, the price has sharply reversed with high volatility, characteristic of a blow-off top scenario. |
| Strong | Bearish MACD Crossover | Bearish | N/A | The MACD line has crossed below the signal line from a high level, accompanied by a growing red histogram, confirming downward momentum. |
Frequently Asked Questions about SOFI
What is the current sentiment for SOFI?
The short-term sentiment for SOFI is currently Bearish because The stock has posted a massive bearish weekly candle (-11.76%), breaking below the 20-week SMA and the Lower Bollinger Band. RSI is falling sharply towards oversold territory, and the MACD has confirmed a bearish crossover with expanding negative histogram.. 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 $21.00 and $16.75. 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.