Sony Group is down a bit on the day, funds flowing out kept the price down -1.31% since yesterday. SONY is currently at a weak resistance line, price may carry its momentum forward and break through or potentially reverse and head down lower. Hard to say, I probably wouldn't bet the farm on
that alone... It may look tempting to short but I'm going to need to discourage it, Sony Group has
has really been moving up aggressively and may push through resistance points with no problem. I'd prefer to short sell into neutral or negative momentum, it's just safer. Over the last 12 months the asset has moved up by 45.55 percent. Hard to say when this thing is gonna turn around
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price reverses and heads back down lower, it looks like the nearest support level is $22.595 it may head back up from there or break lower.
The analysts are pretty neutral on Sony Group right now, so not much useful information here. The current Analysts Sentiment Score is 0.73. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Oppenheimer reiterated a rating of Outperform on 2024-02-26 and added a price target of $108.00. Macquarie released a downgrade on 2024-02-15 from Outperform to Neutral. On 2023-12-12 Wolfe Research started covering Sony Group with a rating of Outperform. On 2023-10-16 Benchmark started covering Sony Group with a rating of Buy. The Goldman Sachs Group upgraded from Neutral to Buy on 2023-07-12.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| SONY | 0.73 | 1.99 | -1.07 | 0.53 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| SONY | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| SONY | 1.02 | %0.1 | 2.1 | -15.378 | 1320000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| SONY |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
