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Stock Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Sumo Logic, Inc. (NASDAQ:SUMO)

Crossroads (+60) - SUMO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_SUMO
Open High Low SUMO Price Change
9.1200 9.1858 8.8200 8.8300 -0.2200
Entry Signal

MarketClub’s Trade Triangles for SUMO

long term down The long-term trend has been DOWN since Sep 10th, 2021 at 18.00

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 8.02

short term up The short-term trend has been UP since Aug 2nd, 2022 at 7.04

Smart Scan Analysis for SUMO

Based on our trend formula, SUMO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SUMO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.1200 9.1858 8.8200 8.8300 -0.2200
Prev. Close Volume Bid Ask Time
9.0500 269921 2022-08-11 13:07:15
52wk High22.1652wk High Date2021-09-07
52wk Low6.57352wk Low Date2022-08-01
Average Volume857,628Shares Outstanding115,732
Assets595,948,000MLiabilities194,951,000M
P/E Ratio-23.73610000
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