Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Soma Gold Corp. (CDNX:SOMA)

Sidelines Mode (-55) - SOMA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SOMA?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOMA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	SOMA Price	Change
0.56	0.56	0.56	0.54	-0.02
Entry Signal

MarketClub’s Trade Triangles for SOMA

The long-term trend has been UP since Apr 2nd, 2024 at 0.64

The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.55

The short-term trend has been UP since May 6th, 2024 at 0.56

Smart Scan Analysis for SOMA

Based on our trend formula, SOMA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.56	0.56	0.56	0.54	-0.02
Prev. Close	Volume	Bid	Ask	Time
0.54	6065			2024-05-08 13:05:17

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