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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Sonos, Inc. (NASDAQ:SONO)
Crossroads (-60) - SONO 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 SONO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SONO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SONO
The long-term trend has been UP since Dec 1st, 2023 at 15.34
The intermediate-term trend has been DOWN since May 8th, 2024 at 16.52
The short-term trend has been DOWN since May 8th, 2024 at 16.91
Smart Scan Analysis for SONO
Based on our trend formula, SONO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.150 | 16.990 | 15.700 | 16.785 | -0.795 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.840 | 3529602 | 2024-05-08 15:59:42 |
| Year High | 23.6 | Year High Date | 2018-08-03 |
| Year Low | 11.09 | Year Low Date | 2018-11-27 |
| 52wk High | 21.98 | 52wk High Date | 2023-05-10 |
| 52wk Low | 9.78 | 52wk Low Date | 2023-10-27 |
| Average Volume | 1,305,795 | Shares Outstanding | 123,843 |
| Market Cap | 1,619M | Assets | 110,999,000M |
| Liabilities | 515,581,000M | P/E Ratio | 84.3333 |
| Volatility | 71.93 |