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Stock Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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
9.14 9.25 8.70 8.77 -0.11
Entry Signal

MarketClub’s Trade Triangles for SRNE

long term up The long-term trend has been UP since Jan 27th, 2021 at 12.31

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 12.62

short term down The short-term trend has been DOWN since Feb 12th, 2021 at 14.52

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
9.14 9.25 8.70 8.77 -0.11
Prev. Close Volume Bid Ask Time
8.88 9700813 2021-03-08 15:59:46
Year High10.65Year High Date2018-03-01
Year Low2.95Year Low Date2018-10-29
52wk High19.3952wk High Date2020-08-10
52wk Low1.5552wk Low Date2020-03-18
Year End Close0.15Average Volume16,085,858
Shares Outstanding280,323% Institutional29.1
Market Cap313MAssets535,822,000M
Liabilities370,671,000MBeta2.42
Volatility107.5
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