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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Sonos, Inc. (NASDAQ:SONO)

Long-Term Downtrend (-90) - SONO is in a strong downtrend that is likely to continue. While SONO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_SONO
Open High Low SONO Price Change
12.65 12.70 12.51 12.63 +0.03
Entry Signal

MarketClub’s Trade Triangles for SONO

long term down The long-term trend has been DOWN since May 11th, 2023 at 17.790

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 16.060

short term down The short-term trend has been DOWN since Sep 15th, 2023 at 13.085

Smart Scan Analysis for SONO

Based on our trend formula, SONO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SONO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.65 12.70 12.51 12.63 +0.03
Prev. Close Volume Bid Ask Time
12.60 817280 2023-09-28 15:59:34
Year High23.6Year High Date2018-08-03
Year Low11.09Year Low Date2018-11-27
52wk High21.9852wk High Date2023-05-10
52wk Low12.4452wk Low Date2023-09-27
Average Volume1,761,650Shares Outstanding128,258
Market Cap1,619MAssets106,522,300M
Liabilities475,013,000MP/E Ratio84.3333
Volatility71.93
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