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SoFi stock trades at $15.18 below all three daily EMAs

Image: The Cryptonomist

SoFi stock has a bearish daily setup despite positive valuation commentary and a new buy rating. SoFi Technologies trades below its daily exponential averages, while the hourly chart confirms the downside bias. Short-term signals offer limited counterweight, not a bullish confirmation. SoFi stock opened at $15.12, traded between a low of $15.09 and a high of $15.32, and was last at $15.18, against a previous close of $15.23. Key takeaways SoFi stock was trading at $15.18 as of 10:47 ET on Tuesday, down 0.33% from the previous close of $15.23.

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