SONM Stock Sonim Technologies (SONM, $0.5) entered Downtrend as Momentum indicator drops below 0 level on May 15, 2024

A.I.dvisor
at Tickeron.com
05/16/24
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SONM - Sonim Technologies
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.5025
Daily change: -$0.0775 (-13.36%)
Daily volume: 392.6K
Industry: Telecommunications Equipment
This indicator may be signaling that SONM's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 88 similar cases where SONM's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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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