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Stock Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

SORRENTO THERAPEUTICS INC (NASDAQ:SRNE)

Weak Downtrend (-65) - SRNE is showing signs of a strengthening downtrend. Monitor SRNE as it may be building momentum to the downside.

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.

NASDAQ_SRNE
Open High Low SRNE Price Change
0.0114 0.0135 0.0086 0.0135 +0.0015
Entry Signal

MarketClub’s Trade Triangles for SRNE

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 0.015

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.015

short term down The short-term trend has been DOWN since Jun 18th, 2024 at 0.010

Smart Scan Analysis for SRNE

Based on our trend formula, SRNE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SRNE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0114 0.0135 0.0086 0.0135 +0.0015
Prev. Close Volume Bid Ask Time
0.0120 124061 2024-06-18 15:52:49
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