Trading Signals: SONO Stock Price Prediction and Forecast

^ SONO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Jan. 15, 2021

Trading Signals: SONO Stock Price Prediction and Forecast (Thu. Aug. 2, 2018 - Fri. Oct. 27, 2023)

(Sonos Inc.)
SONO latest price $26.3850 (-1.36%) ($26.3850 - $26.3850) on Fri. Jan. 15, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.62% (three month average)
RSI   62
Latest Price   $26.3850(-1.36%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SONO advances 1.5% a day on average for past five trading days.
Weekly Trend   SONO advances 5.8% 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 SONO advance at 0% a week (0% probability)
IWO(58%)    IBUY(56%)    IWM(55%)    IPO(54%)    DRIV(53%)
Factors Impacting SONO price   SONO will decline at least -2.31% in a week (0% probabilities).
VIXM(-31%)    UUP(-21%)    VXX(-11%)    IGOV(-5%)    TBT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.31% (StdDev 4.62%)
Hourly BBV -0.5 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $26.26(0.48%)
10 Day Moving Average   $25.27(4.41%)
20 Day Moving Average   $24.68(6.91%)
To recent high   -1.4%
To recent low   81.9%
Market Cap   $2.911b

Sonos, Inc. provides multi-room wireless smart home sound systems. It supports streaming services around the world, providing customers with access to music, Internet radio, podcasts, and audiobooks, with control from Android smartphones, iPhone, or iPad. The company was founded by Mai Trung, John MacFarlane, Craig A. Shelburne and Thomas S. Cullen in 2002 and is headquartered in Santa Barbara, CA.

$. SONO price fluctuates within 4.54% (three month std-dev: 4.62%) daily (68% of days).

Sample size 9 Average positive next day return: 1.25%(44%) Average negative next day return: -2.17%(56%) Sample size 9 Average positive next three day return: 1.44%(22%) Average negative next three day return: -2.34%(78%) Sample size 9 Average positive next weekly return: 1.2%(22%) Average negative next weekly return: -2.6%(78%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210215

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_15_2021	18.22	24.68	25.27	26.26	26.46	26.57	26.39(-1.36%)	UD	OpenLong	75	0.1	27	50	9	79	2.1	69%	0.72	105.5	4.62%	-0.5	1.5	62	0.7
2	Jan_14_2021	18.09	24.49	24.97	25.87	26.24	26.52	26.75(1.75%)	UT	OpenLong	75	0.8	25	120	12	62	2.15	65%	0.72	108.2	4.63%	1.3	2.1	59	1.2
3	Jan_13_2021	17.96	24.29	24.64	25.49	25.66	26.35	26.29(-0.34%)	UD	OpenLong	75	0.8	21	210	13	43	1.74	67%	0.73	108.7	4.68%	0.6	2	55	1.4
4	Jan_12_2021	17.83	24.03	24.31	25.08	25.31	25.97	26.38(3.49%)	UT	OpenLong	75	1.4	23	210	22	27	2.51	67%	0.73	99.3	4.71%	1.6	2.4	59	1.1
5	Jan_11_2021	17.7	23.75	24.01	24.6	24.77	24.97	25.49(4.38%)	UT	OpenLong	75	0.9	12	80	14	7	2.29	67%	0.68	69.2	4.71%	2	1.7	58	0.2

6	Jan_8_2021	17.58	23.55	23.88	24.14	24.37	24.66	24.42(-1.89%)	N/A	N/A	0	0.2	4	110	7	-6	1.24	67%	0.63	44.9	4.7%	-0.4	0.7	56	1.6
7	Jan_7_2021	17.47	23.39	23.91	23.93	24.07	24.56	24.89(2.72%)	N/A	N/A	0	0.8	9	160	12	0	1.54	67%	0.63	33	4.71%	1.5	1.2	67	1.5
8	Jan_6_2021	17.36	23.24	23.92	23.65	23.69	24.09	24.23(1.17%)	UT	OpenLong	75	0.4	9	120	11	4	1.74	63%	0.58	24.3	4.71%	1	0.8	64	-0.4
9	Jan_5_2021	17.26	23.11	23.96	23.41	23.5	23.59	23.95(3.14%)	UT	OpenLong	75	0.4	8	40	6	12	1.66	63%	0.58	17.5	4.81%	1.4	0.6	72	-0.5
10	Jan_4_2021	17.16	23.06	23.99	23.34	23.28	23.29	23.22(-0.62%)	UD	OpenLong	65	-0.1	1	-0	-6	22	2.21	63%	0.7	21.5	4.8%	-0.7	0.1	71	-1.6

11	Dec_31_2020	17.04	23.04	24.05	23.58	23.37	23.42	23.37(-0.47%)	UD	OpenLong	65	-0.2	6	-10	-6	41	1.59	65%	0.59	32.8	4.82%	0.6	0.3	66	1.2
12	Dec_30_2020	16.94	22.98	24	23.9	23.63	23.26	23.48(1.87%)	UD	OpenLong	65	-0.3	8	-140	-9	59	1.1	65%	0.59	43.2	4.85%	-0	0.4	69	1.3
13	Dec_29_2020	16.84	22.92	23.94	24.25	24	23.31	23.05(-2.27%)	UD	OpenLong	65	-0.9	6	-230	-16	73	1.99	65%	0.54	54	4.86%	0.3	0.1	59	0.2
14	Dec_28_2020	16.75	22.88	23.78	24.58	24.55	24	23.58(-3.48%)	UD	OpenLong	65	-0.8	13	-160	-11	85	1.99	65%	0.78	66.6	4.85%	0.3	0.5	63	1.2
15	Dec_24_2020	16.62	22.77	23.54	24.71	24.82	24.69	24.43(-2.1%)	UD	OpenLong	65	-0.2	20	-20	-2	87	0.83	65%	0.42	65.7	4.78%	-2.4	1.2	58	1.3

16	Dec_23_2020	16.55	22.61	23.24	24.56	24.79	25.1	24.96(-1.07%)	UD	OpenLong	75	0.3	29	120	11	82	2.22	65%	0.49	80.1	4.79%	0.5	1.8	61	0.5
17	Dec_22_2020	16.47	22.43	22.84	24.1	24.47	24.96	25.23(2.19%)	UT	OpenLong	75	0.9	30	190	18	65	2.54	65%	0.55	93.4	4.8%	1.9	2.3	65	-0.7
18	Dec_21_2020	16.38	22.22	22.49	23.6	23.83	24.47	24.69(1.75%)	UT	OpenLong	75	1	29	220	22	50	3.01	65%	0.55	115.3	4.8%	1.5	2.3	64	-1.6
19	Dec_18_2020	16.29	22.03	22.17	22.87	23.24	23.98	24.26(2.43%)	UT	OpenLong	75	1.5	26	270	26	26	3.28	65%	0.49	132	4.8%	1.2	2.4	62	1.2
20	Dec_17_2020	16.21	21.91	22	22.19	22.43	23.19	23.69(4.5%)	UT	OpenLong	75	1.9	19	270	21	11	3.67	65%	0.5	172.1	4.82%	1.5	2.3	65	1.6

21	Dec_16_2020	16.13	21.59	21.89	21.73	21.71	22.49	22.67(-0.15%)	UD	OpenLong	75	0.8	13	250	17	2	2.4	65%	0.44	104.2	4.8%	1.1	0.9	60	1.5
22	Dec_15_2020	16.06	21.34	21.84	21.39	21.4	21.68	22.7(7.81%)	N/A	N/A	0	0.9	9	90	13	-5	8.45	65%	0.31	83.3	4.8%	2.5	0.9	60	0.8
23	Dec_14_2020	16.01	21.06	21.77	21.23	21.07	20.94	21.06(1.1%)	DP	OpenShort	-75	-0.1	-8	-70	-6	-15	1.51	62%	0.31	75.8	4.72%	-0.5	0	49	-0.6
24	Dec_11_2020	15.96	20.87	21.9	21.36	21.27	21.11	20.83(-2.62%)	DT	OpenShort	-75	-0.3	-10	-70	-11	-6	1.83	62%	0.25	71.1	4.73%	-1	-0	53	0.3
25	Dec_10_2020	15.92	20.66	21.96	21.78	21.5	21.2	21.39(1.83%)	N/A	N/A	0	-0.2	-8	-140	-11	3	1.91	62%		70.7	4.72%	-0.6	0.3	45	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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