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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Sonim Technologies, Inc. (NASDAQ:SONM)

Strong Downtrend (-100) - SONM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SONM continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SONM?

MarketClub looks at technical strength and momentum to determine if the timing is right for SONM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SONM
Open High Low SONM Price Change
3.4400 3.4968 3.3701 3.4400 +0.0600
Entry Signal

MarketClub’s Trade Triangles for SONM

long term down The long-term trend has been DOWN since Jul 17th, 2024 at 0.4400

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.5502

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 3.2500

Smart Scan Analysis for SONM

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

-100
Smart Scan Analysis for SONM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4400 3.4968 3.3701 3.4400 +0.0600
Prev. Close Volume Bid Ask Time
3.3800 11775 2024-07-26 15:55:10
52wk High1152wk High Date2023-07-27
52wk Low3.2452wk Low Date2024-07-24
Average Volume98,947Shares Outstanding46,718
Market Cap77MAssets42,385,000M
Liabilities22,546,000MP/E Ratio-4.76830000
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