SoFi stock price forecast: Downtrend persists as SOFI gains 3.31% amid oversold technical setup

Traders Union
All News
Financial News
SoFi gains 3.31% today to $21.57

Highlights

SoFi reported strongest-ever quarterly growth, adding nearly one million new members in Q4 and reaching 13.7 million total, up 35% year-over-year.
Two SoFi executives purchased about $200,000 in company stock following robust results, signaling management confidence amid expanded fee-based income and ongoing platform investment.
SOFI trades at $21.57 below key moving averages with weak momentum and oversold conditions, likely consolidating between $20.00 support and $22.70 resistance, with downside risk prevailing.

Record member additions and insider buys reinforce management confidence

SoFi reported its strongest-ever quarterly growth, adding roughly one million new members in the fourth quarter and boosting total membership to 13.7 million, representing a 35% year-over-year increase. Following these robust results, two company executives purchased approximately $200,000 in SoFi stock, signaling management confidence in the company's trajectory. The firm also recorded significant expansion in fee-based income and remains focused on capital allocation and platform development.

Bearish momentum persists amid oversold technical signals

SOFI remains technically pressured, with the price below all major moving averages and encountering dynamic resistance near the Ichimoku Kijun level at $24.53. Immediate support is provided by short-term averages, while momentum indicators continue to signal weakness: the MACD reflects bearishness, ADX is neutral, and oscillators including RSI (30.98), Stochastic RSI (Strong Buy), and CCI signal oversold conditions. Bull/Bear Power is negative, and the Awesome Oscillator remains in a downtrend, though a divergence is appearing as oversold readings contrast with persistent bearish momentum.

Downside risk elevated as sellers control short-term range

In the coming week, SOFI is likely to trade within a typical volatility band between $20.00 and $22.70. The probability of an upward move is low, with sellers remaining dominant. If support near $20.00 fails to hold, further losses toward $19.00 or lower are possible. Alternatively, a breakout above $22.70 could open the door for a short-term squeeze toward $24.50–$25.00.

Viktoras Karapetjanc, Traders Union expert, sees strong underlying fundamentals in SoFi after record quarterly growth and notable insider buying. Despite current downside momentum and technical resistance, he believes the company remains well positioned for a rebound once broader selling pressure eases. The analyst is constructive, seeing the current weak sentiment as a potential setup for patient investors. "Short-term volatility is likely, but with solid fundamentals and management confidence, I expect SOFI to eventually regain positive momentum once the market stabilizes."

Last time, analysts noted that SoFi Technologies Inc was trading below its major moving averages, with the price facing continued downward pressure and bearish momentum confirmed by the MACD, while oscillators signaled oversold conditions. The stock showed a modest intraday recovery toward session highs but continued to face strong resistance near $24.53 and lacked significant technical support above the current level.

Source of Data: SOFI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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.