Technical Analysis for SONG - Music Licensing Inc

Grade Last Price % Change Price Change
B 0.0400 14.29% 0.0050
SONG closed up 14.29 percent on Friday, January 27, 2023, on 29 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish 14.29%
Wide Bands Range Expansion 14.29%
Overbought Stochastic Strength 14.29%
Upper Bollinger Band Touch Strength 14.29%
20 DMA Support Bullish 5.26%
Hammer Candlestick Bullish 5.26%

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Alert Time
Up 3% 1 day ago
Up 2% 1 day ago
Up 1% 1 day ago
Rose Above 20 DMA 5 days ago
Rose Above 10 DMA 5 days ago

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Profile

Akazoo S.A. operates as an on-demand music and audio streaming, and media and AI technology company. Its service provides subscribers with unlimited online and offline music streaming access to a catalogue of approximately 45 million songs on an ad-free basis. The company uses patented AI for music recommendations and offers online and offline listening. Its free, ad-supported radio service consists of approximately 80,000 stations and exists as a separate services and application. It is equipped with a mobile application that works in emerging mobile devices and provides user experience in a range of mobile networks from 2g to 4g LTE. The company focuses on emerging markets and operates in 25 countries. Akazoo S.A. was founded in 2010 and is based in Luxembourg, Luxembourg.
Classification

Sector: Communication Services
Industry: Internet Content & Information
Keywords: Technology Telecommunications Artificial Intelligence Mobile Devices 4g Deutsche Telekom 3 Ee Limited Bt Group Orange S.A. Ai Technology Services

Is SONG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.066
52 Week Low 0.014
Average Volume 44,363
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.0337
10-Day Moving Average 0.0348
Average True Range 0.0090
RSI 55.36
ADX 6.52
+DI 25.0199
-DI 21.9222
Chandelier Exit (Long, 3 ATRs) 0.0150
Chandelier Exit (Short, 3 ATRs) 0.0473
Upper Bollinger Bands 0.0418
Lower Bollinger Band 0.0256
Percent B (%b) 0.89
BandWidth 48.0712
MACD Line 0.0018
MACD Signal Line 0.0011
MACD Histogram 0.0007
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0490
Resistance 3 (R3) 0.0487 0.0453 0.0475
Resistance 2 (R2) 0.0453 0.0430 0.0455 0.0470
Resistance 1 (R1) 0.0427 0.0416 0.0440 0.0430 0.0465
Pivot Point 0.0393 0.0393 0.0400 0.0395 0.0393
Support 1 (S1) 0.0367 0.0370 0.0380 0.0370 0.0335
Support 2 (S2) 0.0333 0.0356 0.0335 0.0330
Support 3 (S3) 0.0307 0.0333 0.0325
Support 4 (S4) 0.0310