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Credit Suisse Group AG (CS) Stock: What Does the Chart Say Tuesday?

Tuesday, September 27, 2022 11:07 AM | InvestorsObserver Analysts

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Credit Suisse Group AG (CS) Stock: What Does the Chart Say Tuesday?

The market has been down on Credit Suisse Group AG (CS) stock recently. CS gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Credit Suisse Group AG has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CS!

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. 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 CS Stock Today?

Credit Suisse Group AG (CS) stock is down -1.36% while the S&P 500 has gained 1.19% as of 11:06 AM on Tuesday, Sep 27. CS is lower by -$0.06 from the previous closing price of $4.05 on volume of 11,651,464 shares. Over the past year the S&P 500 has fallen -16.76% while CS is lower by -60.63%. CS lost -$1.39 per share in the over the last 12 months.

More About Credit Suisse Group AG

Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific. Click Here to get the full Stock Report for Credit Suisse Group AG stock.

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