BEST STOCKS TO BUY TODAY: SONY @03/16/2023
| Ticker | SONY, Sony Group Corporation | Note |
| Last Price | 86.39 | |
| Buy | 86.39 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 95.03 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 82.07 | |
| Reward/Risk | 2 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 1.86 | |
| Beta | 1.06 | |
| RSI(14) | 52.12 | |
| SMA20 | 1.65% | Distance to SMA20 |
| SMA50 | 0.02% | Distance to SMA50 |
| Recommendation | 1.60 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. SONY is one of them. Let’s take a look at this stock’s chart.
Sony now is in a very tight triangle now and we believe soon it will break out, either to up side or down side. We think there is a good chance it will break to up side. So either goes up side or down side, because it has a very clean trend line, so it is very easy to set stop loss. If it does break out, be believe it will go to challenge new high on $95 level.
More Info about ticker SONY
The stock ticker “SONY” refers to Sony Corporation, a multinational conglomerate that specializes in electronics, gaming, entertainment, and financial services. Sony was founded in Tokyo, Japan in 1946 and has since grown into one of the world’s largest electronics manufacturers.
Sony is best known for its consumer electronics products, including televisions, cameras, audio equipment, and gaming consoles such as the PlayStation. The company also produces professional broadcasting equipment, semiconductors, and financial services through its subsidiary, Sony Financial Holdings.
In addition to its electronics business, Sony has a strong presence in the entertainment industry. The company owns several record labels, film studios, and television networks, and is responsible for producing popular titles such as Spider-Man, The Last of Us, and Uncharted.
Sony is listed on the Tokyo Stock Exchange and the New York Stock Exchange, and is a component of several stock indices including the Nikkei 225 and the S&P 500. The company is well-regarded for its innovation and technological expertise, and has won numerous awards for its products over the years.