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Stock Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Sorrento Therapeutics, Inc (NASDAQ:SRNE)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SRNE Price Change
4.19 4.34 4.11 4.20 -0.06
Entry Signal

MarketClub’s Trade Triangles for SRNE

long term up The long term trend has been UP since Nov 25th, 2019 at 2.91

intermediate term up The intermediate term trend has been UP since Nov 25th, 2019 at 1.71

short term up The short term trend has been UP since Jan 7th, 2020 at 3.53

Smart Scan Analysis for SRNE

Based on a pre-defined weighted trend formula for chart analysis, SRNE scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SRNE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.19 4.34 4.11 4.20 -0.06
Prev. Close Volume Bid Ask Time
4.76 3761282 2020-01-21 15:59:52
Year High10.65Year High Date2018-03-01
Year Low2.95Year Low Date2018-10-29
52wk High6.552wk High Date2019-03-22
52wk Low1.3952wk Low Date2019-10-11
Year End Close0.15Average Volume5,954,041
Shares Outstanding141,871% Institutional29.1
Market Cap313MAssets560,875,000M
Liabilities514,980,000MP/E Ratio-1.78195
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