Stock Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
Sumo Logic, Inc. (NASDAQ:SUMO)
Strong Uptrend (+100) - SUMO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SUMO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Dec 13th, 2022 at 9.06
The intermediate-term trend has been UP since Jan 23rd, 2023 at 8.45
The short-term trend has been UP since Jan 23rd, 2023 at 8.13
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||12.67||52wk High Date||2022-02-16|
|52wk Low||6.425||52wk Low Date||2022-10-13|
|Average Volume||2,090,304||Shares Outstanding||120,013|