SOPA Surges 16% on Analyst Upgrade and Volatile Intraday Action

Summary
• Society Pass (SOPA) rockets 16.19% to $1.22, surging from a $1.10 intraday low to a $1.40 high.
• Ascendiant Capital raises SOPA’s price target to $22.50, signaling strong conviction in its growth potential.
• Technical indicators show a bearish short-term trend but a long-term range-bound pattern.

Society Pass (SOPA) delivered a jaw-dropping 16.19% intraday rally on December 18, 2025, trading as high as $1.40 before settling at $1.22. The surge follows a bullish analyst upgrade and a volatile trading session marked by a 13.46% intraday swing. With a 52-week high of $6.75 and a 52-week low of $0.64, SOPA’s sharp move has ignited debates about its sustainability and technical setup.

Analyst Upgrade Ignites Short-Term Optimism
Ascendiant Capital’s upgraded 'Buy' rating and $22.50 price target for SOPA directly fueled the intraday surge. The firm’s 2.27% increase in the price target reflects confidence in Society Pass’s ecosystem of Southeast Asian platforms and its digital marketing segment. However, technical indicators like the MACD (-0.179) and RSI (37.6) suggest a bearish near-term bias, while the stock’s 13.46% intraday volatility underscores extreme short-term uncertainty. The move appears driven by speculative positioning ahead of the analyst’s revised expectations, despite a GF Value estimate of $0.63 implying a 40% downside.

Technical Divergence and ETF Implications
• 200-day MA: $1.4258 (above current price), 30-day MA: $1.4582 (bearish crossover).
• RSI: 37.6 (oversold), MACD: -0.179 (bearish), Bollinger Bands: $1.0566–$1.5979 (wide range).
• SOPA’s 13.46% intraday swing and 9.54% weekly volatility highlight extreme risk.

Technical divergence between rising volume and falling prices suggests a potential short-term reversal. Key support at $1.05 (previous close) and resistance at $1.28–$1.60. Traders should monitor a break above $1.28 for bullish confirmation or a drop below $1.05 for bearish acceleration. No leveraged ETF data is available, but the stock’s volatility profile aligns with high-risk, high-reward setups. With no options listed, focus remains on technical levels and sentiment shifts from the analyst upgrade.

Backtest Society Pass Stock Performance
The strategy of buying the S&P 500 after a 16% intraday surge has shown mixed results. While the 3-day win rate is high at 44.85%, the 10-day and 30-day win rates drop to 39.18% and 34.02%, respectively. The average returns over these periods are negative, with a 3-day return of 0.20%, a 10-day return of -1.39%, and a 30-day return of -4.59%. The maximum return during the backtest was only 0.23%, suggesting that this strategy is prone to underperformance in the short term.

SOPA’s Volatility: A High-Risk Catalyst for 2026
SOPA’s 16.19% intraday surge, driven by Ascendiant Capital’s upgraded price target, has created a volatile technical landscape. While the stock’s 52-week high of $6.75 remains distant, the RSI’s oversold reading and MACD divergence hint at potential short-term bounces. However, the GF Value estimate of $0.63 and sector leader Alphabet (GOOGL)’s 2.4% intraday gain underscore the need for caution. Aggressive traders may target a break above $1.28 for a rally toward $1.40, but a drop below $1.05 could trigger a deeper correction. Watch for follow-through volume and analyst sentiment shifts to confirm SOPA’s next move.