Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Sonim Technologies, Inc. (NASDAQ:SONM)
Bull Market Weakness (+75) - SONM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SONM as it may be in the beginning stages 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 Apr 12th, 2021 at 0.7101
The intermediate-term trend has been UP since Oct 25th, 2021 at 2.5500
The short-term trend has been UP since Oct 25th, 2021 at 2.0700
Smart Scan Analysis for SONM
Based on our trend formula, SONM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17||52wk High Date||2021-02-16|
|52wk Low||1.78||52wk Low Date||2021-10-22|
|Average Volume||5,240,306||Shares Outstanding||8,516|