Trading Signals: SONO Stock Price Prediction and Forecast

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

Fri. Apr. 16, 2021

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

(Sonos Inc.)
SONO latest price $43.4500 (-1.03%) ($43.4500 - $43.4500) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.52% (three month average)
RSI   76
Latest Price   $43.4500(-1.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SONO advances 0.8% a day on average for past five trading days.
Weekly Trend   SONO advances 6.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SONO advance at 0% a week (0% probability)
IWO(58%)    IBUY(55%)    IPO(54%)    IWM(54%)    DRIV(53%)
Factors Impacting SONO price   SONO will decline at least -1.76% in a week (0% probabilities).
VIXM(-31%)    UUP(-20%)    VXX(-10%)    TBT(-3%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.76% (StdDev 3.52%)
Hourly BBV 0.5 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $42.95(1.16%)
10 Day Moving Average   $42.05(3.33%)
20 Day Moving Average   $40.31(7.79%)
To recent high   -1%
To recent low   65.3%
Market Cap   $4.793b

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 5.76% (three month std-dev: 3.52%) daily (68% of days).

Sample size 2 Average positive next day return: 0.14%(50%) Average negative next day return: -4.09%(50%) Sample size 2 Average positive next three day return: 7.35%(50%) Average negative next three day return: -0.55%(50%) Sample size 2 Average positive next weekly return: 3.4%(50%) Average negative next weekly return: -3.98%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

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	Apr_16_2021	31.94	40.31	42.05	42.95	43.19	43.68	43.45(-1.03%)	UD	OpenLong	75	0.2	38	100	11	119	1.16	70%	0.38	16.5	3.52%	0.5	1.4	76	1.8
2	Apr_15_2021	31.82	40.14	41.62	42.6	42.72	43.49	43.9(1.9%)	UT	HoldLong	65	0.6	46	130	20	123	1.65	70%	0.76	11	3.54%	0.3	1.7	79	1.8
3	Apr_14_2021	31.58	40.05	41.01	42.29	42.17	42.71	43.08(0.8%)	UT	HoldLong	65	0.4	45	80	20	121	2.64	70%	0.73	14	3.55%	0.3	1.4	78	1.4
4	Apr_13_2021	31.35	39.99	40.4	41.71	41.99	41.95	42.74(2.84%)	UT	OpenLong	75	0.5	36	10	15	100	2.42	70%	0.71	15.4	3.55%	0.3	1.3	66	1.7
5	Apr_12_2021	31.13	39.95	39.8	41.29	41.45	41.64	41.56(-0.36%)	UD	OpenLong	75	0.1	17	40	0	68	1.19	70%	0.71	24.5	3.55%	0.1	0.8	50	1.8

6	Apr_9_2021	30.91	39.93	39.41	41	41.23	42.04	41.71(-1.49%)	UD	OpenLong	75	0.3	30	150	22	54	1.33	70%	0.68	29.3	3.56%	0.8	0.9	47	1.5
7	Apr_8_2021	30.7	39.9	38.96	40.47	40.83	41.27	42.34(5.38%)	UT	OpenLong	75	0.9	32	100	32	33	7.71	70%	0.85	32.7	3.57%	2	1.2	55	1.5
8	Apr_7_2021	30.44	39.76	38.44	39.54	40	40.43	40.18(-1.2%)	N/A	N/A	0	0.3	7	110	15	-18	1.26	68%	0.79	21.3	3.55%	-0.1	0.2	39	1.4
9	Apr_6_2021	30.2	39.67	38.27	38.88	39.38	40.39	40.67(1.42%)	N/A	N/A	0	0.9	13	220	31	-41	2.19	68%	0.83	7.3	3.54%	0.7	0.5	43	1.2
10	Apr_5_2021	29.95	39.45	38.26	38.08	38.43	39.57	40.1(2.73%)	N/A	N/A	0	0.9	7	240	31	-67	2.14	68%	1.32	-13.8	3.54%	1.7	0.3	40	1.3

11	Apr_1_2021	29.56	39.34	38.38	37.59	37.58	38.37	39.04(3.54%)	DP	OpenShort	-65	0.7	-3	150	23	-81	1.47	68%	0.85	-22.4	3.52%	1.7	-0.1	42	1.3
12	Mar_31_2021	29.31	39.24	38.49	37.26	37.23	37.29	37.7(2.24%)	DP	OpenShort	-65	0.2	-18	10	9	-99	1.06	67%	0.79	-32.3	3.54%	1.4	-0.7	37	1.2
13	Mar_30_2021	29.08	39.34	38.99	37.19	37.15	36.79	36.88(0.48%)	DP	OpenShort	-75	-0.1	-34	-70	-12	-99	1.35	67%	0.76	-35.6	3.53%	-0.1	-1.1	42	1.2
14	Mar_29_2021	28.86	39.52	39.53	37.57	37.27	37.17	36.7(-2.5%)	DT	OpenShort	-75	-0.4	-37	-40	-22	-81	1.56	67%	0.77	-28.9	3.54%	-0.6	-1.3	49	1
15	Mar_26_2021	28.64	39.75	40.13	38.45	37.78	37.51	37.64(0.7%)	DP	OpenShort	-75	-0.4	-23	-100	-18	-36	1.46	67%	0.77	-12.3	3.55%	-0.3	-1	60	1.4

16	Mar_25_2021	28.42	39.83	40.53	39.31	38.63	37.38	37.38(0.01%)	DP	OpenShort	-75	-1	-22	-280	-27	-6	2.67	67%	0.82	4.4	3.58%	-0.8	-1.2	52	1.1
17	Mar_24_2021	28.19	39.97	40.97	39.91	39.78	38.04	37.38(-3.6%)	N/A	N/A	0	-1.3	-31	-320	-47	18	1.97	67%	0.82	21.1	3.6%	-1.9	-1.4	55	1
18	Mar_23_2021	27.96	40.13	40.97	41.03	40.52	39.89	38.77(-5.59%)	N/A	N/A	0	-1.2	-19	-150	-41	49	3.72	70%	0.9	49.6	3.58%	-2.3	-0.7	50	1.1
19	Mar_22_2021	27.71	40.15	41.27	41.74	41.6	41.51	41.07(-2.12%)	UD	OpenLong	65	-0.4	18	-30	-2	78	1.82	75%	0.98	66.5	3.49%	-1.1	0.5	53	1.9
20	Mar_19_2021	27.44	40	40.82	42.06	41.91	41.16	41.96(3.93%)	UD	OpenLong	65	-0.1	11	-140	-8	66	2.81	75%	1.03	74.7	3.45%	-0.4	1	52	1.6

21	Mar_18_2021	27.16	39.75	40.42	41.97	42.08	41.69	40.37(-6.12%)	N/A	N/A	0	-0.8	-0	-60	-19	56	2.83	74%	0.97	73.3	3.45%	-2.3	0.3	55	1.2
22	Mar_17_2021	26.9	39.57	40.09	42.18	42.37	42.66	43(1.63%)	UT	OpenLong	75	0.4	29	60	16	67	1.89	81%	1.05	85.7	3.33%	1.1	1.6	59	2.1
23	Mar_16_2021	26.62	39.25	39.72	41.54	41.97	42.48	42.31(-0.77%)	UD	OpenLong	75	0.4	30	120	23	50	2.04	81%	1.06	90.9	3.36%	-0	1.5	54	1.9
24	Mar_15_2021	26.34	38.94	39.47	40.72	41.35	42.08	42.64(2.72%)	UT	OpenLong	75	1	40	170	39	43	2.1	83%	1.04	95.6	3.36%	0.8	1.9	60	2.4
25	Mar_12_2021	26.07	38.58	39.26	39.39	40.24	41.47	41.51(0.21%)	UT	OpenLong	75	1.1	32	280	36	20	1.3	83%		91.1	3.43%	0.8	1.6	60	1.8
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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