Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, March 2, 2024.

Sonim Technologies, Inc. (NASDAQ:SONM)

Weak Downtrend (-65) - SONM is showing signs of a strengthening downtrend. Monitor SONM as it may be building momentum to the downside.

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
0.6899 0.6999 0.6500 0.6765 -0.0037
Entry Signal

MarketClub’s Trade Triangles for SONM

long term down The long-term trend has been DOWN since Aug 3rd, 2023 at 0.8500

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 0.7020

short term down The short-term trend has been DOWN since Mar 1st, 2024 at 0.6589

Smart Scan Analysis for SONM

Based on our trend formula, SONM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SONM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6899 0.6999 0.6500 0.6765 -0.0037
Prev. Close Volume Bid Ask Time
0.6610 50160 2024-03-01 15:58:17
52wk High1.352wk High Date2023-06-21
52wk Low0.40552wk Low Date2023-03-16
Average Volume66,297Shares Outstanding43,067
Market Cap77MAssets58,610,000M
Liabilities35,500,000MP/E Ratio11.3367
Get a free daily analysis and signals for Sonim Technologies, Inc. (SONM) - Request Your Free Report.