Stock Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Sonim Technologies, Inc. (NASDAQ:SONM)
Countertrend Down (-85) - SONM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for SONM
The long-term trend has been DOWN since Mar 9th, 2020 at 2.23
The intermediate-term trend has been DOWN since Sep 9th, 2020 at 0.85
The short-term trend has been UP since Sep 9th, 2020 at 0.93
Smart Scan Analysis for SONM
Based on our trend formula, SONM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.92||52wk High Date||2020-01-17|
|52wk Low||0.5||52wk Low Date||2020-03-13|
|Average Volume||677,118||Shares Outstanding||65,930|