Stock Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
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.
MarketClub’s Trade Triangles for SOMA
The long-term trend has been DOWN since Nov 2nd, 2020 at 0.365
The intermediate-term trend has been UP since Dec 31st, 2020 at 0.305
The short-term trend has been DOWN since Jan 11th, 2021 at 0.425
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).