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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Sanmina Corporation (NASDAQ:SANM)

Crossroads (-60) - SANM 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 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.

NASDAQ_SANM
Open High Low SANM Price Change
57.990 58.250 57.635 58.210 -0.120
Entry Signal

MarketClub’s Trade Triangles for SANM

long term up The long-term trend has been UP since Jan 30th, 2024 at 54.81

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 58.82

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 60.82

Smart Scan Analysis for SANM

Based on our trend formula, SANM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SANM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.990 58.250 57.635 58.210 -0.120
Prev. Close Volume Bid Ask Time
58.330 62269 2024-04-16 11:56:15
Year High35.55Year High Date2018-01-19
Year Low22.62Year Low Date2018-10-29
52wk High69.6952wk High Date2024-01-30
52wk Low43.40552wk Low Date2023-11-07
Year End Close11.07Average Volume313,148
Shares Outstanding55,776Short Interest2,336,396
% Institutional91.7Market Cap2,277M
Assets461,697,600MLiabilities234,436,100M
P/E Ratio12.5983Beta2.47
Volatility37.71
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