Cielo ADR (CIOXY) Stock: What Does the Chart Say Friday?

The market has been high on Cielo ADR (CIOXY) stock recently. CIOXY gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Cielo ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CIOXY!

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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 CIOXY Stock Today?

Cielo ADR (CIOXY) stock is trading at $0.71 as of 9:43 AM on Friday, Apr 1, a rise of $0.08, or 12.67% from the previous closing price of $0.63. The stock has traded between $0.64 and $0.71 so far today. Volume today is elevated. So far 349,713 shares have traded compared to average volume of 200,298 shares. To screen for more stocks like Cielo ADR click here.

More About Cielo ADR

Cielo SA is a Brazil-based provider of payment software and related services to large credit and debit card issuers such as Visa, Mastercard, American Express, and private-label card issuers, including retailers, supermarkets, bookstores, gas stations, and insurance companies. Cielo's offerings capture, process, and manage credit and debit card transactions; accredit merchants; and manage payment accounts. The firm also rents, installs, and maintains point-of-sale terminals. Click Here to get the full Stock Report for Cielo ADR stock.