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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Sonim Technologies, Inc. (NASDAQ:SONM)

Countertrend Down (-85) - SONM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SONM?

MarketClub looks at technical strength and momentum to determine if the timing is right for SONM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SONM
Open High Low SONM Price Change
0.4790 0.5198 0.4750 0.4861 +0.0068
Entry Signal

MarketClub’s Trade Triangles for SONM

long term down The long-term trend has been DOWN since Aug 3rd, 2023 at 0.8500

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 0.7020

short term up The short-term trend has been UP since Apr 26th, 2024 at 0.4976

Smart Scan Analysis for SONM

Based on our trend formula, SONM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SONM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4790 0.5198 0.4750 0.4861 +0.0068
Prev. Close Volume Bid Ask Time
0.4793 175446 2024-04-26 14:36:06
52wk High1.352wk High Date2023-06-21
52wk Low0.4452wk Low Date2024-04-24
Average Volume173,791Shares Outstanding43,206
Market Cap77MAssets56,043,000M
Liabilities33,675,000MP/E Ratio10.1667
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