Will sofi be bullish tomorrow

**SoFi Technologies, Inc. (SOFI) is likely to exhibit a bullish trend tomorrow.** Here's the analysis to support this conclusion:

1. **Positive Short-term Trend Forecast**: The short-term trend forecast for SOFI is bullish, with a sentiment that is currently 96% bullish.
2. **Recent Performance**: The stock has shown a positive performance, with a 1.99% increase in the closing price on August 26, 2024, and a 6.17% expected rise over the next 3 months.
3. **Technical Indicators**:
- The Relative Strength Index (RSI) is at 74.64, which is considered to be in the overbought territory but suggests strong momentum.
- The Moving Average Convergence Divergence (MACD) is at 0.19, indicating potential upward momentum.
- The stock is trading above its 10-Day Moving Average of $7.17, which is a bullish signal.
4. **Resistance and Support Levels**: The current resistance level is at $7.60, and the support level is at $7.44. The stock is closer to the resistance level, which could be a sign of an upward breakout.
5. **Market Sentiment**: The Fear & Greed Index is showing 39 (Fear), indicating that the market may be undervaluing the stock.
6. **Forecast Price**: The forecast price for August 31, 2024, is $7.70, which is higher than the current closing price, suggesting an upward movement.

In conclusion, the combination of a bullish short-term trend forecast, positive technical indicators, and a sentiment favoring upward movement supports the expectation of a bullish trend for SOFI tomorrow.