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Stock Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Sorrento Therapeutics, Inc (NASDAQ:SRNE)

Long-Term Uptrend (+90) - SRNE is in a strong uptrend that is likely to continue. While SRNE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
5.08 5.35 4.67 5.05 +0.02
Entry Signal

MarketClub’s Trade Triangles for SRNE

long term up The long-term trend has been UP since May 15th, 2020 at 3.95

intermediate term up The intermediate-term trend has been UP since May 11th, 2020 at 2.68

short term up The short-term trend has been UP since May 15th, 2020 at 3.25

Smart Scan Analysis for SRNE

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

+90
Smart Scan Analysis for SRNE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.08 5.35 4.67 5.05 +0.02
Prev. Close Volume Bid Ask Time
1.85 47313571 2020-05-22 15:59:41
Year High10.65Year High Date2018-03-01
Year Low2.95Year Low Date2018-10-29
52wk High5.0952wk High Date2020-01-10
52wk Low1.3952wk Low Date2019-10-11
Year End Close0.15Average Volume8,028,067
Shares Outstanding181,340% Institutional29.1
Market Cap313MAssets557,632,000M
Liabilities479,044,000MP/E Ratio-1.78195
Beta2.42Volatility107.5
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