SANM - BreakoutCup and Handle breakout
This breakout is also above the major down channel which can be plotted
I expect bull continuation on a large scale with a move like this
The circles show an inverted H&S
4.77USD
309.97 MUSD
8.94 BUSD
53.75 M
About Sanmina Corporation
Sector
Industry
CEO
Jure Sola
Website
Headquarters
San Jose
Employees (FY)
34 K
Founded
1980
ISIN
US8010561020
FIGI
BBG000BHBTX7
Sanmina Corp. engages in the provision of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It operates through the following segments: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The IMS segment consists of printed circuit board assembly and test, final system assembly and test and direct-order-fulfillment. The CPS segment includes interconnect systems and mechanical systems. The company was founded by Jure Sola in 1980 and is headquartered in San Jose, CA.
Sanmina Corp. - positive earnings trendSANM last 12 quarters have seen positive only reactions. - Past performance is no guarantee of future results, but history does rhyme.
Technicals
RSI(10) @70 reaching higher
OBV growing as the price does the same.
Acting great with above average volume before earnings.
I see a potentia
Holding WellYesterday's jump might have resulted in a new uptrend. At moment it looks like if it will turn into a sideward movement. But as long as we hold well above the both MAs we may still expect that the rise will continue. The sideward movement may replace a correction.
SANM: Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to find an entry price within the expected pull back zone 28.70 - 28.95 as previously being back tested.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested
Go LongWe're possibly in the wave 4 retracement. If thats the case wave 2 retraced ti 0.786 , so its likely that wave 4 will be a short and slight retracement, possibly up to 0.382.
So we should go in to a long position at market price , 31.75
stopp loss slightly below 0.382 fib level 30.60
take profit a
Sanmina, Bearish ABCD hit Target 1Sanmina has hit target 1 after the bearish ABCD.
will it retest the point D level then move down to target 2? or will it breakout? Let's see.
See all ideas
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Frequently Asked Questions
The current price of SANM is 57.79 USD — it has decreased by 0.74% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Sanmina Corporation stocks are traded under the ticker SANM.
Sanmina Corporation is going to release the next earnings report on Apr 29, 2024. Keep track of upcoming events with our Earnings Calendar.
SANM stock is 1.98% volatile and has beta coefficient of 1.14. Check out the list of the most volatile stocks — is Sanmina Corporation there?
One year price forecast for Sanmina Corporation has a max estimate of 80.00 USD and a min estimate of 51.00 USD.
SANM earnings for the last quarter are 1.42 USD per share, whereas the estimation was 1.54 USD resulting in a −7.49% surprise. The estimated earnings for the next quarter are 1.22 USD per share. See more details about Sanmina Corporation earnings.
Sanmina Corporation revenue for the last quarter amounts to 2.05 B USD despite the estimated figure of 2.15 B USD. In the next quarter revenue is expected to reach 1.87 B USD.
Yes, you can track Sanmina Corporation financials in yearly and quarterly reports right on TradingView.
SANM stock has fallen by 1.63% compared to the previous week, the month change is a 1.93% fall, over the last year Sanmina Corporation has showed a 6.02% increase.
SANM net income for the last quarter is 57.07 M USD, while the quarter before that showed 61.84 M USD of net income which accounts for −7.72% change. Track more Sanmina Corporation financial stats to get the full picture.
Today Sanmina Corporation has the market capitalization of 3.22 B, it has decreased by 0.81% over the last week.
No, SANM doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, SANM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Sanmina Corporation stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 20, 2024, the company has 34.00 K employees. See our rating of the largest employees — is Sanmina Corporation on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Sanmina Corporation technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Sanmina Corporation stock shows the buy signal. See more of Sanmina Corporation technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Sanmina Corporation future price: according to them, SANM price has a max estimate of 80.00 USD and a min estimate of 51.00 USD. Read a more detailed Sanmina Corporation forecast: see what analysts think of Sanmina Corporation and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Sanmina Corporation EBITDA is 542.85 M USD, and current EBITDA margin is 6.49%. See more stats in Sanmina Corporation financial statements.