Is SoFi (SOFI) a buy right now?

Orenth's check on 2 Nov 2026: Avoid. Leave this one alone. Found this setup 104 times before. It worked 30 of them. This is software output, not financial advice.

Checked through the day · updated 5h ago

SoFi (SOFI): buy, wait or avoid?

Avoid Leave this one alone.

How sure is it?

Found this setup 104 times before. It worked 30 of them.

When it worked it made about 1.5 times what you put at risk. When it did not, it usually lost about 75% of what you put at risk, not all of it, because the trade is closed rather than left to run. To come out even it needed to work 35 of those 104 times, so this has not been shown to make money.

There is no setup here worth the trading fees right now. That is a normal answer, not a broken one.
If you bought and the price fell to $14.65, the plan says get out. That is the point where the idea was wrong.
If it works, the app expects around $17.03.

Price $16.76 · daily bars · checked 5h ago

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Which strategies worked on SOFI

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Each one back-tested on SOFI's own daily prices, after trading costs.

Did best

ADX DI cross: worked 33 of 84 times, kept +0.27R a trade
Pin bar: worked 20 of 59 times, kept +0.24R a trade
Williams reversal: worked 94 of 296 times, kept +0.09R a trade

Did worst

Gap behaviour: worked 58 of 263 times, kept -0.14R a trade
Pivot levels: worked 69 of 302 times, kept -0.13R a trade
VWAP position: worked 80 of 315 times, kept -0.07R a trade

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Analysis software, not financial advice. Every figure here is measured from historical price data and can stop describing the future at any moment. Day trading loses money for the large majority of retail participants, and this tool's own measurements agree with that. Never risk money you cannot afford to lose.
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Analysing

Fetching data, running 34 strategies, and back-testing each one against this instrument's own history.