| SONN latest price $16.1700 (9.11%) ($15.3400 - $16.3200) on Tue. Sep. 3, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.58% (three month average) |
RSI | 40 |
Latest Price | $16.1700(9.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SONN advances 1.7% a day on average for past five trading days. |
Weekly Trend | SONN declines -6.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SONN advance at 0% a week (0% probability) IFRA(27%) QQQ(26%) XLC(26%) IBB(24%) SDY(24%) |
Factors Impacting SONN price | SONN will decline at least -3.29% in a week (0% probabilities). VCSH(-34%) TLT(-27%) LQD(-26%) CEMB(-25%) VCIT(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.29% (StdDev 6.58%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|