Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Sonos, Inc. (NASDAQ:SONO)
Bear Market Rally (-75) - SONO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SONO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SONO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SONO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SONO
The long-term trend has been DOWN since Oct 6th, 2021 at 31.060
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 36.939
The short-term trend has been DOWN since Oct 22nd, 2021 at 32.040
Smart Scan Analysis for SONO
Based on our trend formula, SONO is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||23.6||Year High Date||2018-08-03|
|Year Low||11.09||Year Low Date||2018-11-27|
|52wk High||44.72||52wk High Date||2021-04-14|
|52wk Low||14.345||52wk Low Date||2020-10-30|
|Average Volume||2,145,417||Shares Outstanding||125,771|