SOVO   $22.98  0.22% Market Closed

Sovos Brands Inc
Last Events:

2023-08-09 Signal in MACD changed from bearish weakening to bullish. Oscillator MACD is in the positive territory it crossed the signal line from the bottom and it crossed the zero line from the bottom. These factors mean that there is probably a growing trend. Last signal: main and signal line crossing.

2023-08-09 Signal in RSI changed from bearish recovery to bullish. RSI indicator is in overbought territory and it heading north. These factors indicate that the upside potential still holds even though the market is overbought. Last signal: entrance to the overbought zone.

2023-08-09 Signal in EMA50 changed from bearish reversal to bullish reversal. The price is trying to cross up the moving average line If the intersection will be successful, then an upside trend can be formed.

2023-08-09 Signal in EMA20 changed from bearish reversal to bullish reversal. The price is trying to cross up the moving average line If the intersection will be successful, then an upside trend can be formed.

2023-08-06 Trend pattern changed from восходящий треугольник to канал.

2023-08-06 Signal in Stochastic changed from bullish reversal to bullish. The stochastic indicator is in the upper part of the neutral territory and it grows. These factors indicate that positive dynamics persists. Last signal: up-crossing the middle level.

2023-08-06 Signal in RSI changed from bearish weakening to bearish recovery. RSI indicator is in the lower part of the neutral territory and it heading south. These factors indicate that negative dynamics is recovering. Last signal: exit from the overbought zone.

2023-08-05 Signal in Stochastic changed from bearish weakening to bullish reversal. The stochastic indicator is in the lower part of the neutral territory and left the oversold territory. These factors indicate that perhaps the downside trend is coming to an end price will probably head north Last signal: exit from the oversold zone.


Current temperature: 0.92
ST: 0, Cor:

Analyst Recommendations:
Number of estimates 6
Target Price Mean 22.67
Mean unverified/preliminary 22.67 / 22.67
Target Price Low / High 21.00 / 24.00
Median / STD DEV 23.00 / 1.03
Tech Forecasts:
More signals
  < 1M 1-3M > 3M
total None None ActivelyBuy
rsi ActivelyBuy Sell None
macd None Sell None
stoch None None None
ma20 ActivelyBuy ActivelyBuy None
ma50 None None None
ma100 Sell None ActivelyBuy
Candlestick PatternNov. 10, 2023 Three Stars -
ISIN US84612U1079
ceo Mr. Todd R. Lachman
Website https://www.sovosbrands.com
Sovos Brands, Inc., through its subsidiaries, operates as a consumer-packaged food company that manufactures, distributes, and sells consumer food products in the United States. It operates in two segments, Dinner and Sauces, and Breakfast and Snacks. The company's principal products comprise pasta sauces, dry pasta, soups, frozen entrees, frozen pizza, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao's, Michael Angelo's, and noosa brands. It sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, and military commissaries, as well as non-food outlets, including drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was incorporated in 2017 and is headquartered in Louisville, Colorado. As of March 12, 2024, Sovos Brands, Inc. operates as a subsidiary of Campbell Soup Company.