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Do Traders Think DXC Technology Co (DXC) Can Turn Around Monday?

Monday, March 25, 2024 02:59 PM | InvestorsObserver Analysts

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Do Traders Think DXC Technology Co (DXC) Can Turn Around Monday?

Overall market sentiment has been down on DXC Technology Co (DXC) stock lately. DXC receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
DXC Technology Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DXC!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 DXC Stock Today?

DXC Technology Co (DXC) stock is up 1.03% while the S&P 500 is lower by -0.11% as of 2:49 PM on Monday, Mar 25. DXC has gained $0.21 from the previous closing price of $20.45 on volume of 524,751 shares. Over the past year the S&P 500 is higher by 31.44% while DXC is lower by -14.20%. DXC lost -$1.91 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for DXC Technology Co click here.

More About DXC Technology Co

DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region. Click Here to get the full Stock Report for DXC Technology Co stock.

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