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Capri Holdings Ltd (CPRI) Stock: What Does the Chart Say Monday?

Monday, December 05, 2022 03:36 PM | InvestorsObserver Analysts

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Capri Holdings Ltd (CPRI) Stock: What Does the Chart Say Monday?

The market has been high on Capri Holdings Ltd (CPRI) stock recently. CPRI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Capri Holdings Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CPRI!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CPRI Stock Today?

Capri Holdings Ltd (CPRI) stock is trading at $58.21 as of 3:33 PM on Monday, Dec 5, a loss of -$0.87, or -1.47% from the previous closing price of $59.08. The stock has traded between $57.08 and $58.54 so far today. Volume today is below average. So far 1,294,170 shares have traded compared to average volume of 1,947,393 shares. To see InvestorsObserver's Sentiment Score for Capri Holdings Ltd click here.

More About Capri Holdings Ltd

Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003. Click Here to get the full Stock Report for Capri Holdings Ltd stock.

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