Designer Brands Inc (DBI) Stock: What Does the Chart Say Thursday?

Overall market sentiment has been high on Designer Brands Inc (DBI) stock lately. DBI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Designer Brands Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DBI!

See Full DBI Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With DBI Stock Today?

Designer Brands Inc (DBI) stock is trading at $10.73 as of 11:53 AM on Thursday, Mar 28, an increase of $0.11, or 1.04% from the previous closing price of $10.62. The stock has traded between $10.67 and $10.90 so far today. Volume today is low. So far 300,259 shares have traded compared to average volume of 1,480,506 shares. To screen for more stocks like Designer Brands Inc click here.

More About Designer Brands Inc

Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com. Click Here to get the full Stock Report for Designer Brands Inc stock.