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SOFI

daily
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DOWNTREND
Support
$15.0
Resistance
$17.2
SOFI SoFi Technologies, Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — downtrend as of May 22, 2026
SOFI Daily chart 2026-05-22 20:39:13 UTC
AI-generated analysis — not financial advice. For educational purposes only.

SOFI Daily Technical Analysis Summary

As of May 22, 2026, SOFI (SoFi Technologies, Inc.) is in a downtrend state on the daily chart, with a confidence level of 74%. Key support is at $15.0 and key resistance at $17.2. Price at $15.62 is consolidating near recent lows after a sharp selloff from the $30-$32 peak; still below key MAs with RSI-14 ~$42.8 (weak momentum).

Price Scenarios & Targets

bearish

Base-building inside $15-$17 continues; a bounce attempts to tag/reject the EMA50/SMA50 zone, then chops back toward support (bear-market rally behavior).

Price Target
$15.0
Path to target
First move
$17.2
Pullback
$16.1
Final target
$15.0

bullish

Breakout-reversal attempt: price holds $15 support and reclaims EMA50 (~$17.2), then rotates to the next overhead cluster near the $19-$20 area (EMA100/EMA200 zone) consistent with a Wave (A)/(1) rebound within a larger corrective structure.

Price Target
$19.6
Path to target
First move
$17.8
Pullback
$17.2
Final target
$19.6

Key Triggers

Confirmation & Invalidation

✓ Confirmation

DOWNTREND confirmed on a daily close below $15.00 (break of the current base support).

✗ Invalidation

DOWNTREND invalidated on 2+ daily closes back above $17.25 (reclaim EMA50) with follow-through.

Position Entry & Exit Levels

⊕ Add

Start $15.1 – $15.7
Add $14.2 – $15.0
Heavy $12.8 – $13.6

Start near current swing-low support ($15) with tight invalidation; add on a support break/undercut into prior demand; heavy add only at deeper capitulation area (probable fib retrace/old base) to improve cost basis.

⊖ Derisk

Trim 1 $19.0 – $20.5
Trim 2 $23.0 – $25.0
Close $30.0 – $32.0

Trim into the next major MA/structure resistances (EMA100/EMA200 then SMA100/SMA200); close into prior cycle high supply zone ($30-$32) where upside becomes most stretched.

Frequently Asked Questions

What is the daily technical outlook for SOFI today?

As of May 22, 2026, SOFI (SoFi Technologies, Inc.) is in a downtrend state on the daily chart with 74% confidence. Price at $15.62 is consolidating near recent lows after a sharp selloff from the $30-$32 peak; still below key MAs with RSI-14 ~$42.8 (weak momentum).

What are the daily support and resistance levels for SOFI?

On the daily timeframe, SOFI has key support at $15.0 and key resistance at $17.2. The most likely scenario (bearish) targets $17.2 and $15.0, with a revert level at $16.1.

Is SOFI in an uptrend or downtrend?

SOFI (SoFi Technologies, Inc.) is currently classified as downtrend on the daily chart, with 74% confidence. Confirmation requires: DOWNTREND confirmed on a daily close below $15.00 (break of the current base support). This would be invalidated by: DOWNTREND invalidated on 2+ daily closes back above $17.25 (reclaim EMA50) with follow-through.

What are the price targets for SOFI?

The most likely scenario (bearish) targets $17.2 and $15.0, with a revert level at $16.1. The alternative scenario (bullish) targets $17.8 and $19.6.

Other Timeframes for SOFI
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