Technical Analysis for SUMO - Sumo Logic, Inc.

Grade Last Price % Change Price Change
A 11.84 1.28% 0.15
SUMO closed down 1.52 percent on Monday, January 30, 2023, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 1.28%
Calm After Storm Range Contraction 1.28%
Upper Bollinger Band Walk Strength 1.28%
Wide Bands Range Expansion 1.28%
Overbought Stochastic Strength 1.28%
Gapped Down Weakness 1.28%
New Uptrend Bullish -0.25%
Calm After Storm Range Contraction -0.25%
Upper Bollinger Band Walk Strength -0.25%
Wide Bands Range Expansion -0.25%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 2 hours ago
Up 1% about 3 hours ago
Up 1% about 23 hours ago
60 Minute Opening Range Breakout about 24 hours ago
Down 3% 1 day ago

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Profile

Sumo Logic is the pioneer in continuous intelligence, a new category of software, which enables organizations of all sizes to address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. The Sumo Logic Continuous Intelligence Platform™ automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. More than 2,100 customers around the world rely on Sumo Logic to build, run, and secure their modern applications and cloud infrastructures. Sumo Logic delivers its platform as a true, multi-tenant SaaS architecture, across multiple use-cases, enabling businesses to thrive in the Intelligence Economy.
Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Cloud Computing Software As A Service Cloud Infrastructure Internet Of Things Information Technology Management Network Management Cloud Applications Digital Transformation System Administration

Is SUMO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.67
52 Week Low 6.435
Average Volume 1,473,447
200-Day Moving Average 8.06
50-Day Moving Average 8.24
20-Day Moving Average 8.75
10-Day Moving Average 9.85
Average True Range 0.62
RSI 76.96
ADX 29.08
+DI 48.18
-DI 12.12
Chandelier Exit (Long, 3 ATRs) 10.32
Chandelier Exit (Short, 3 ATRs) 9.04
Upper Bollinger Bands 12.23
Lower Bollinger Band 5.26
Percent B (%b) 0.92
BandWidth 79.63
MACD Line 0.99
MACD Signal Line 0.51
MACD Histogram 0.4734
Fundamentals Value
Market Cap 1.15 Billion
Num Shares 98.7 Million
EPS
Price-to-Sales 10.54
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.60
Resistance 3 (R3) 12.60 12.30 12.45
Resistance 2 (R2) 12.30 12.07 12.30 12.40
Resistance 1 (R1) 12.00 11.93 12.15 11.99 12.35
Pivot Point 11.70 11.70 11.78 11.70 11.70
Support 1 (S1) 11.39 11.47 11.55 11.39 11.03
Support 2 (S2) 11.09 11.32 11.09 10.98
Support 3 (S3) 10.79 11.09 10.93
Support 4 (S4) 10.78