Stock Trend Analysis Report
Prepared for you on Monday, September 20, 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 Sep 10th, 2021 at 18.00
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 18.74
The short-term trend has been DOWN since Sep 8th, 2021 at 21.25
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||15.8||52wk Low Date||2021-05-11|
|Average Volume||1,428,816||Shares Outstanding||110,369|