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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.
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MarketClub’s Trade Triangles for SRNE
The long-term trend has been UP since Jan 27th, 2021 at 12.31
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 12.62
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
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 High | 10.65 | Year High Date | 2018-03-01 |
| Year Low | 2.95 | Year Low Date | 2018-10-29 |
| 52wk High | 19.39 | 52wk High Date | 2020-08-10 |
| 52wk Low | 1.55 | 52wk Low Date | 2020-03-18 |
| Year End Close | 0.15 | Average Volume | 16,085,858 |
| Shares Outstanding | 280,323 | % Institutional | 29.1 |
| Market Cap | 313M | Assets | 535,822,000M |
| Liabilities | 370,671,000M | Beta | 2.42 |
| Volatility | 107.5 |
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