Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Sonim Technologies, Inc. (NASDAQ:SONM)
Crossroads (+60) - SONM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SONM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SONM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SONM
The long-term trend has been DOWN since Aug 3rd, 2023 at 0.8500
The intermediate-term trend has been UP since May 6th, 2024 at 0.5618
The short-term trend has been UP since Apr 26th, 2024 at 0.4976
Smart Scan Analysis for SONM
Based on our trend formula, SONM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5400 | 0.6108 | 0.5400 | 0.5776 | +0.0336 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5793 | 435451 | 2024-05-08 15:43:50 |
| 52wk High | 1.3 | 52wk High Date | 2023-06-21 |
| 52wk Low | 0.44 | 52wk Low Date | 2024-04-24 |
| Average Volume | 176,874 | Shares Outstanding | 43,206 |
| Market Cap | 77M | Assets | 56,043,000M |
| Liabilities | 33,675,000M | P/E Ratio | 10.1667 |