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Stock Trend Analysis Report
Prepared for you on Saturday, June 3, 2023.
Sanmina Corporation (NASDAQ:SANM)
Sidelines Mode (+55) - SANM 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 SANM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SANM.
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 SANM
The long-term trend has been DOWN since Apr 19th, 2023 at 55.250
The intermediate-term trend has been UP since May 26th, 2023 at 54.795
The short-term trend has been DOWN since Jun 1st, 2023 at 52.725
Smart Scan Analysis for SANM
Based on our trend formula, SANM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.92 | 54.22 | 52.92 | 54.20 | +1.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.16 | 200597 | 2023-06-02 15:59:59 |
| Year High | 35.55 | Year High Date | 2018-01-19 |
| Year Low | 22.62 | Year Low Date | 2018-10-29 |
| 52wk High | 69.28 | 52wk High Date | 2022-11-11 |
| 52wk Low | 38.36 | 52wk Low Date | 2022-06-17 |
| Year End Close | 11.07 | Average Volume | 547,820 |
| Shares Outstanding | 58,169 | Short Interest | 2,336,396 |
| % Institutional | 91.7 | Market Cap | 2,277M |
| Assets | 530,721,200M | Liabilities | 313,342,000M |
| P/E Ratio | 11.2073 | Beta | 2.47 |
| Volatility | 37.71 |