What news affected Sumo Logic, Inc. stock today?

An upcoming earnings announcement on or around 8/23/2023 may be influencing investor sentiment for Sumo Logic, Inc..

How much did Sumo Logic, Inc. stock volume change today?

Trading volume for SUMO was notable today, indicating a higher-than-usual level of trading activity and investor engagement.

Is Sumo Logic, Inc. breaking a resistance level?

Sumo Logic, Inc. moved above $12.05, suggesting a technical breakout that may continue if momentum holds.

Why Is Sumo Logic, Inc. (SUMO) Stock Up Today?

Q: Why is Sumo Logic, Inc. (SUMO) stock up today?

Sumo Logic, Inc. stock has shown positive movement today due to strong investor interest and favorable market conditions.

Live update on SUMO's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

SUMO●NASDAQ

TechnologySoftware - Infrastructure

$12.04

$0.00(0.00%)

U.S. Market opens in 65h 24m

Sumo Logic, Inc. (SUMO)

Day Change

0.00%

↑ 0.00%

Volume (Unusual)

N/A

↓ 100.00%

Open / Previous Close

$12.04 / $12.04

Day Range (Low / High)

$12.04 - $12.05

Summary

The stock opened at $12.04 and has moved between $12.04 and $12.05 so far.

Technically, SUMO is trading above its 50-day moving average of $11.96 and above its 200-day moving average of $9.49, indicating short-term and long-term strength.

Meyka's AI assigns SUMO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -42.09% in 1 year ($6.97), and -68.75% in 5 years ($3.76).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

SUMO Technical Signals

Trading over 50-day moving average ($11.96)

Trading over 200-day moving average ($9.49)

Analyst Recommendations data is not available for SUMOAnalyst Recommendations details for SUMO are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

N/A

1 Year

$6.97

3 Years

$5.59

5 Years

$3.76

Good60.00

Is this change significant?

5-Day:N/A

1-Month:-0.08%

3-Month:+4.60%

What's next?

Next earnings date: 7/30/2025