Free Daily Analysis

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.

Open High Low SANM Price Change
52.92 54.22 52.92 54.20 +1.75
Entry Signal

MarketClub’s Trade Triangles for SANM

long term down The long-term trend has been DOWN since Apr 19th, 2023 at 55.250

intermediate term up The intermediate-term trend has been UP since May 26th, 2023 at 54.795

short term down 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).

Smart Scan Analysis for SANM
Strong Downtrend Sideways 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 High35.55Year High Date2018-01-19
Year Low22.62Year Low Date2018-10-29
52wk High69.2852wk High Date2022-11-11
52wk Low38.3652wk Low Date2022-06-17
Year End Close11.07Average Volume547,820
Shares Outstanding58,169Short Interest2,336,396
% Institutional91.7Market Cap2,277M
P/E Ratio11.2073Beta2.47
Get a free daily analysis and signals for Sanmina Corporation (SANM) - Request Your Free Report.