Seller pressure and public offering weigh — SoFi stock drops 3.1%

Seller pressure and public offering weigh — SoFi stock drops 3.1%
SoFi slides 3.10% to $26.44 today

SoFi Technologies, Inc. (SOFI) is trading at $26.44, below both its MA-20 ($27.64) and MA-50 ($28.24), yet remains well above its MA-200 ($20.38). This reflects persistent seller pressure in the short and medium term, while the long-term trend continues to signal strength.

SOFI price prediction
24H 0%
$18.17
48H 0.39%
$18.24
7D 1.76%
$18.49
1M 2.15%
$18.56
3M 58.5%
$28.8
6M 128.89%
$41.59
12M 22.84%
$22.32
Current price: $ 18.17 0.3750 2.11%
Closed 06/29
Daily range 17.54 Arrow from to Icon 18.28
Weekly range 16.72 Arrow from to Icon 18.43
Loading...

Highlights

  • On December 8, 2025, SoFi raised capital via a public offering of 54,545,454 shares at $27.50 per share, including a 30-day underwriter option.
  • SoFi reported strong revenue and earnings growth, further expanding its member network during the latest quarter.
  • SoFi launched the SoFi Smart Card, a new financial product exclusively for new SoFi Plus members, enhancing its product suite.

Capital raised and new product launches as growth accelerates

On December 8, 2025, SoFi completed a public offering, raising capital through the sale of 54,545,454 shares at $27.50 per share, with an additional 30-day underwriter option, supporting its capital base and balance-sheet flexibility. The company also reported strong revenue and earnings growth, further expanding its member network. Additionally, SoFi launched the SoFi Smart Card, its latest financial product for new SoFi Plus members.

Oversold conditions diverge from ongoing seller pressure

Momentum indicators remain predominantly negative on the daily chart. The MACD signals a 'Sell,' there is weak trend conviction per the ADX, and the RSI sits subdued at 46.50. Both the Stochastic RSI and BBP indicate oversold conditions, while the Awesome Oscillator confirms downside momentum. SOFI is trading near the lower end of today's $26.68 – $27.47 range, exhibiting moderate volatility and sustained intraday weakness. The persistent dominance of sellers, combined with oversold signals, highlights a divergence that may suggest downside exhaustion in spite of ongoing pressure.

Bullish breakout potential as volatility band narrows

For the next five trading sessions, SOFI is expected to remain within a $25.00 – $27.90 volatility band relative to current levels, representing a typical 5–6% fluctuation range. The likelihood of a price increase exceeds 80%, as bullish signals on the weekly timeframes (MA-50-W1, RSI-W1, ADX-W1, MACD-W1) remain intact. The primary scenario is for sideways movement within this corridor, while a bullish breakout above the Kijun resistance could push prices toward $27.90. A close below the $25.00 support may lead to further weakness.

Viktoras Karapetjanc, expert at Traders Union, sees SoFi’s recent capital raise and product expansion as strong fundamental positives. He believes the current seller pressure is likely to fade, given the robust long-term trend and positive sentiment on the weekly chart. The analyst expects consolidation with an upward bias, supported by underlying growth momentum and a healthy capital position. "With oversold technicals and healthy fundamentals, I anticipate renewed buyer interest pushing SOFI back toward the upper end of its range."

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.