Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Sorrento Therapeutics, Inc (NASDAQ:SRNE)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_SRNE
Open High Low SRNE Price Change
2.42 2.42 2.11 2.14 -0.16
Entry Signal

MarketClub’s Trade Triangles for SRNE

long term down The long term trend has been DOWN since Sep 14th, 2018 at 4.65

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2019 at 2.18

short term down The short term trend has been DOWN since Jan 10th, 2019 at 2.50

Smart Scan Analysis for SRNE

Based on a pre-defined weighted trend formula for chart analysis, SRNE scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SRNE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.42 2.42 2.11 2.14 -0.16
Prev. Close Volume Bid Ask Time
2.74 2105508 2019-01-22 15:59:57
Year High10.65Year High Date2018-03-01
Year Low2.95Year Low Date2018-10-29
52wk High10.6552wk High Date2018-03-01
52wk Low2.1552wk Low Date2017-12-07
Year End Close0.15Average Volume1,383,597
Shares Outstanding300,030% Institutional29.1
Assets3.6MLiabilities0.4M
Beta2.42Volatility107.5
Want to analyze Sorrento Therapeutics, Inc SRNE or another symbol? Try our Free Stock Trend Analysis Report.