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Stock Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Sovos Brands, Inc. (NASDAQ:SOVO)

Long-Term Uptrend (+90) - SOVO is in a strong uptrend that is likely to continue. While SOVO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SOVO?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOVO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SOVO
Open High Low SOVO Price Change
14.950 15.110 14.760 14.955 -0.035
Entry Signal

MarketClub’s Trade Triangles for SOVO

long term up The long-term trend has been UP since Sep 29th, 2021 at 13.93

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2021 at 13.93

short term up The short-term trend has been UP since Oct 13th, 2021 at 13.55

Smart Scan Analysis for SOVO

Based on our trend formula, SOVO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SOVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.950 15.110 14.760 14.955 -0.035
Prev. Close Volume Bid Ask Time
14.990 127755 2021-10-22 14:23:29
52wk High15.2152wk High Date2021-10-20
52wk Low12.6452wk Low Date2021-09-28
Average Volume560,702Assets118,240,500M
Liabilities968,226,000M
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