A new 737 Max 8 with 188 people on board - it doesn't look hopeful.
Flightaware data shows it flying erratically - not gaining altitude for the last few minutes, and as if it wasn't under control, before descending rapidly and all contact was lost.
This was more or less a brand new plane. Edit to say that there's an unsubstantiated claim that the pilot reported a technical issue, and requested to return. There's no sign of it actually turning before contact was lost.