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.
MarketClub’s Trade Triangles for SOVO
The long-term trend has been UP since Sep 29th, 2021 at 13.93
The intermediate-term trend has been UP since Sep 29th, 2021 at 13.93
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).
|52wk High||15.21||52wk High Date||2021-10-20|
|52wk Low||12.64||52wk Low Date||2021-09-28|