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Stock Trend Analysis Report
Prepared for you on Friday, November 15, 2024.
SORRENTO THERAPEUTICS INC (NASDAQ:SRNE)
Crossroads (+60) - SRNE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 25th, 2024 at 0.0164
The short-term trend has been UP since Nov 4th, 2024 at 0.0037
Smart Scan Analysis for SRNE
Based on our trend formula, SRNE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0035 | 0.0046 | 0.0031 | 0.0035 | -0.0003 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0038 | 187738 | 2024-11-15 15:52:02 |