Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
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.
MarketClub’s Trade Triangles for SONM
The long-term trend has been DOWN since Mar 9th, 2020 at 2.230000
The intermediate-term trend has been UP since May 21st, 2020 at 1.160000
The short-term trend has been DOWN since May 27th, 2020 at 0.922093
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).
|52wk High||18.2575||52wk High Date||2019-06-07|
|52wk Low||0.5||52wk Low Date||2020-03-13|
|Average Volume||173,475||Shares Outstanding||20,643|