Do Traders Think Bird Global Inc (BRDS) Can Keep Climbing Friday?

Friday, March 24, 2023 10:54 AM | InvestorsObserver Analysts

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Do Traders Think Bird Global Inc (BRDS) Can Keep Climbing Friday?

Bird Global Inc (BRDS) stock has gained 25.00% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Bird Global Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BRDS!

See Full BRDS 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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With BRDS Stock Today?

Bird Global Inc (BRDS) stock has risen 6.14% while the S&P 500 is lower by -0.56% as of 10:54 AM on Friday, Mar 24. BRDS is higher by $0.01 from the previous closing price of $0.14 on volume of 76,136,041 shares. Over the past year the S&P 500 is down -11.89% while BRDS is lower by -94.44%. BRDS lost -$1.29 per share in the over the last 12 months.

More About Bird Global Inc

Bird Global Inc is a micro-mobility company engaged in delivering electric transportation solutions for short distances. It partners with cities to bring lightweight, electric vehicles to residents and visitors to replace car trips by providing an alternative sustainable transportation option. The company operates in North America, Europe, Middle East and Africa and Other countries. Click Here to get the full Stock Report for Bird Global Inc stock.