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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

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
17.510 17.560 17.035 17.330 -0.170
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 Oct 19th, 2021 at 17.39

short term up The short-term trend has been UP since Oct 7th, 2021 at 15.99

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
17.510 17.560 17.035 17.330 -0.170
Prev. Close Volume Bid Ask Time
17.500 184808 2021-10-20 11:58:35
52wk High46.369952wk High Date2021-01-27
52wk Low15.0352wk Low Date2021-10-04
Average Volume765,759Shares Outstanding110,369
Assets601,813,000MLiabilities154,591,000M
P/E Ratio-23.7361
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