CommVault Systems, Inc. (CVLT) stock is up 8.84% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CVLT Stock Today?
CommVault Systems, Inc. (CVLT) stock is higher by 0.05% while the S&P 500 is lower by -0.21% as of 2:19 PM on Thursday, Feb 11. CVLT is up $0.03 from the previous closing price of $70.41 on volume of 284,519 shares. Over the past year the S&P 500 is up 16.20% while CVLT is up 39.49%. CVLT lost -$0.61 per share in the over the last 12 months.
More About CommVault Systems, Inc.
CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Commvault Complete Backup & Recovery, HyperScale, Hedvig, Orchestrate, Activate, and Metallic. The company operates in the United States and exports to many other countries.