All indicators are moving in the right direction, and the Sofi chart is about to make a long-awaited positive turn.
So we’ll see, if we can get the 50 day moving average the blue line to turn up, and it’s almost there, maybe by the end of this week, that will be the first time for Sofi to head north in a very long time, the 200 day moving average is sitting at 6.02, and Sofi is more than half way there from its closing low at 5.19, our hope is that Sofi has found its bottom. and, based on the chart, it appears that it did.
SoFI Stock Forecast
SoFi Technologies Inc has a median price target of 7.50, with a high estimate of 10.00 and a low estimate of 5.00 among the 13 analysts providing 12-month price forecasts. The median estimate is a +37.99% increase over the previous price of 5.44.
The current consensus among 15 investment analysts polled is to buy SoFi Technologies Inc. stock. This rating has remained unchanged since November, when it was upgraded from a buy to a hold.
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Disclaimer- This article is strictly for educational purposes and does not provide any advice or tips on investment or recommend buying or selling any stocks.