Trading Signals: SONO Stock Price Prediction and Forecast (Thu. Aug. 2, 2018 - Fri. Oct. 27, 2023)(Sonos Inc.)
| SONO latest price $12.8500 (-3.35%) ($12.8050 - $13.2700) on Mon. Sep. 18, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.96% (three month average) | RSI | 31 | Latest Price | $12.8500(-3.35%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SONO declines -0.6% a day on average for past five trading days. | Weekly Trend | SONO declines -2.1% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support SONO advance at 0% a week (0% probability) ARKK(79%) IWO(76%) IWM(74%) JETS(74%) IWC(73%) | Factors Impacting SONO price | SONO will decline at least -0.98% in a week (0% probabilities). VIXM(-60%) VXX(-54%) UUP(-34%) USO(-34%) UNG(-20%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.98% (StdDev 1.96%) | Hourly BBV | -1.8 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $9.16(-28.72%) | Resistance Level | $13.47 | 5 Day Moving Average | $13.14(-2.21%) | 10 Day Moving Average | $13.23(-2.87%) | 20 Day Moving Average | $13.47(-4.6%) | To recent high | -26.4% | To recent low | 0% | Market Cap | $1.417b | | | | 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. |