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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Sonim Technologies, Inc. (NASDAQ:SONM)

Bear Market Rally (-75) - SONM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SONM as it may be in the beginning of a reversal.

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
0.7300 0.7300 0.6800 0.7001 -0.0098
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 up The intermediate-term trend has been UP since Dec 4th, 2023 at 0.7383

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 0.6900

Smart Scan Analysis for SONM

Based on our trend formula, SONM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SONM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7300 0.7300 0.6800 0.7001 -0.0098
Prev. Close Volume Bid Ask Time
0.7180 77325 2023-12-07 15:57:46
52wk High1.352wk High Date2023-06-21
52wk Low0.40552wk Low Date2023-03-16
Average Volume91,166Shares Outstanding43,067
Market Cap77MAssets58,610,000M
Liabilities35,500,000MP/E Ratio11.8317
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