Sonim Technologies (SONM, $0.48) Aroon Indicator entered a Downtrend on April 23, 2024.

A.I.dvisor
at Tickeron.com
04/24/24
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SONM - Sonim Technologies
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.4775
Daily change: -$0.0079 (-1.63%)
Daily volume: 32.4K
Capitalization: $20.6M
Industry: Telecommunications Equipment
For the last three days, A.I.dvisor has detected that SONM's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for SONM, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 312 similar cases, of which were successful. Based on this data, the odds of success are
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SONMDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of mobile phones and accessories

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
4445 Eastgate Mall
Phone
+1 650 378-8100
Employees
92
Web
https://www.sonimtech.com