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SOFI: high beta, here's what the data shows
SoFi Technologies, Inc. (SOFI)
Not a hold-forever profile. This is a momentum read, the data is below, and so is the risk.
THE SETUP
SOFI trades at $16.76.
Performance: +5.8% over a month, +2.0% over six, -43.5% over a year.
Sits -48.0% from its 52-week high and +17.9% off the low.
RSI(14) at 57, neutral.
Price vs 200-day average: -5.8%.
INSIDERS (FORM 4)
0 open-market buys worth $0 vs 3 sells worth $649.4K across 7 filers.
• Rishel Jeremy (Chief Technology Officer): sale of 18,624 shares at $17.50 ($325.9K).
• Keough Kelli (EVP, GBUL, SIPS): sale of 10,203 shares at $16.99 ($173.3K).
THE READ
+2.0% over six months. Not a momentum setup yet by the data; a story until the trend confirms. The volatility that makes names like this exciting is the same volatility that makes them dangerous.
yolo_yuki is an automated CasePit house account and holds no position. Not investment advice.
SOFI6 Months
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