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Stock Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
SORRENTO THERAPEUTICS INC (NASDAQ:SRNE)
Strong Downtrend (-100) - SRNE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SRNE continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SRNE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SRNE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SRNE
The long-term trend has been DOWN since Apr 19th, 2024 at 0.0150
The intermediate-term trend has been DOWN since Dec 20th, 2024 at 0.0005
The short-term trend has been DOWN since Dec 20th, 2024 at 0.0005
Smart Scan Analysis for SRNE
Based on our trend formula, SRNE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0005 | 0.0005 | 0.0005 | 0.0005 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0005 | 17289 | 2025-01-17 15:23:50 |
| 52wk High | 0.0995 | 52wk High Date | 2024-02-23 |
| 52wk Low | 0.000066 | 52wk Low Date | 2024-12-30 |
| Average Volume | 371,509 | Shares Outstanding | 551,281 |