5.69 USD
+0.99 (+21.06%)
5.6744 USD
-0.02 (-0.27%)
Overall SONM gets a technical rating of 1 out of 10. SONM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SONM is a bad performer in the overall market: 99% of all stocks are doing better.
- SONM is part of the Technology Hardware, Storage & Peripherals industry. There are 35 other stocks in this industry, of which 94% are performing better than SONM.
- SONM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SONM has a been trading in the 2.52 - 6.10 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SONM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.63
5.76
We found 1 important resistance area.
- A resistance zone ranging from 5.70 to 5.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SONM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SONM is neutral. |
| ChartMill Relative Strength | 1.74 | NEGATIVE | SONM has a low relative strength, it was outperformed by 98.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SONM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SONM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SONM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.86 | NEUTRAL | The RSI value for SONM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests SONM has a positive trend. |
| Stochastics (14,3) | 88.92 | OVERBOUGHT | The high Stochastics value suggests SONM may be overbought. |
| Average True Range in percent/ATR (20) | 11.23 | HIGH VOLATILITY | The high ATR as a percentage value for SONM suggests high volalility. |
| Average Directional Index/ADX (14) | 26.37 | POSITIVE | The high ADX value value for SONM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.69
+0.99 (+21.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg21.06%
1 Week52.55%
2 Weeks85.34%
1 Month8.59%
3 Month-55.11%
6 Month-56.8%
12 Month-89.7%
2 Year-95.39%
3 Year-93.55%
5 Year-99.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%11.23%
ATR Inc119.89%
Range Today1.38
ADR(20)0.63
ADR(20)%11.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.74
3 months CRS3.53
6 months CRS4.88
Mansfield-7.35
10 Day High6.08
10 Day Low2.81
20 Day High6.1
20 Day Low2.52
52 Week High61
52 Week Low2.52
CS1 EndN/A
CR1 Start5.7
Volume & EV
DER(3)1.59%
DER(5)2.7%
Volume312.50K
Volume Incr49.89%
Vol(5)104.30K
Vol(50)57.56K
SONIM TECHNOLOGIES INC / SONM FAQ
What is the ChartMill technical rating of SONIM TECHNOLOGIES INC (SONM) stock?
ChartMill assigns a technical rating of 1 / 10 to SONM.
Can you provide the trend direction for SONIM TECHNOLOGIES INC?
The current trend direction for SONIM TECHNOLOGIES INC (SONM) is Bearish.
Can you provide the RSI signal for SONIM TECHNOLOGIES INC?
SONIM TECHNOLOGIES INC (SONM) has an RSI value of 61.8648. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SONIM TECHNOLOGIES INC?
The short term momentum for SONIM TECHNOLOGIES INC (SONM) is neutral.
What are the support and resistance levels for SONIM TECHNOLOGIES INC (SONM) stock?
SONIM TECHNOLOGIES INC (SONM) has a resistance level at 5.7. Check the full technical report for our detailed analysis of SONM support and resistance levels.