Technical Analysis for SONG - Music Licensing Inc

Grade Last Price % Change Price Change
F 0.0012 -78.18% -0.0043
SONG closed down 78.18 percent on Monday, September 25, 2023, on 25.69 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Volume Surge Other 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Hammer Candlestick Bullish -78.18%
Stochastic Buy Signal Bullish -78.18%
Lizard Bullish Bullish Day Trade Setup -78.18%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
5x Volume Pace 3 days ago
3x Volume Pace 3 days ago
2x Volume Pace 3 days ago
1.5x Volume Pace 3 days ago
New 52 Week Low 3 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 Ai Technology Bt Group Ee Limited Orange S.A. Simple Mobile

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 0.11
52 Week Low 0.0006
Average Volume 157,887
200-Day Moving Average 0.0000
50-Day Moving Average 0.0182
20-Day Moving Average 0.0129
10-Day Moving Average 0.0049
Average True Range 0.0059
RSI (14) 34.21
ADX 20.74
+DI 17.0109
-DI 33.1713
Chandelier Exit (Long, 3 ATRs) 0.0173
Chandelier Exit (Short, 3 ATRs) 0.0183
Upper Bollinger Bands 0.0295
Lower Bollinger Band -0.0037
Percent B (%b) 0.15
BandWidth 257.3643
MACD Line -0.0042
MACD Signal Line -0.0033
MACD Histogram -0.0009
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0033
Resistance 3 (R3) 0.0033 0.0027 0.0030
Resistance 2 (R2) 0.0027 0.0021 0.0027 0.0028
Resistance 1 (R1) 0.0019 0.0018 0.0016 0.0019 0.0027
Pivot Point 0.0013 0.0013 0.0011 0.0013 0.0013
Support 1 (S1) 0.0005 0.0007 0.0002 0.0005 -0.0003
Support 2 (S2) -0.0001 0.0004 -0.0002 -0.0004
Support 3 (S3) -0.0009 -0.0001 -0.0006
Support 4 (S4) -0.0009