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.
MarketClub’s Trade Triangles for SUMO
The long-term trend has been DOWN since Sep 10th, 2021 at 18.00
The intermediate-term trend has been UP since Oct 19th, 2021 at 17.39
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).
|52wk High||46.3699||52wk High Date||2021-01-27|
|52wk Low||15.03||52wk Low Date||2021-10-04|
|Average Volume||765,759||Shares Outstanding||110,369|