Stock Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
Sumo Logic, Inc. (NASDAQ:SUMO)
Strong Downtrend (-100) - SUMO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SUMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SUMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SUMO
The long-term trend has been DOWN since Mar 5th, 2021 at 24.25
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 33.55
The short-term trend has been DOWN since Apr 9th, 2021 at 18.36
Smart Scan Analysis for SUMO
Based on our trend formula, SUMO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||46.3699||52wk High Date||2021-01-27|
|52wk Low||16.5||52wk Low Date||2021-03-30|
|Average Volume||2,779,756||Shares Outstanding||102,704|