Do Traders Think Diamond S Shipping Inc (DSSI) Can Keep Climbing Thursday?

Diamond S Shipping Inc (DSSI) stock is up 7.85% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.

Diamond S Shipping Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DSSI!

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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.

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 DSSI Stock Today?

Diamond S Shipping Inc (DSSI) stock is trading at $10.86 as of 2:30 PM on Thursday, May 6, a rise of $0.68, or 6.68% from the previous closing price of $10.18. The stock has traded between $10.00 and $10.89 so far today. Volume today is low. So far 168,369 shares have traded compared to average volume of 431,904 shares.

To see InvestorsObserver's Sentiment Score for Diamond S Shipping Inc click here.

More About Diamond S Shipping Inc

Diamond S Shipping Inc provides seaborne transportation of crude oil and refined petroleum and other products in the international shipping markets. It is the owner and operator of modern medium range, or MR, product tankers. It operates through two reportable segments, Crude Tankers and Product Carriers.

Click Here to get the full Stock Score Report on Diamond S Shipping Inc (DSSI) Stock.