Do Traders Think Frontier Communications Parent Inc (FYBR) Can Keep Climbing Monday?

Frontier Communications Parent Inc (FYBR) stock has gained 11.36% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Frontier Communications Parent Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FYBR!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 FYBR Stock Today?

Frontier Communications Parent Inc (FYBR) stock is trading at $23.73 as of 12:49 PM on Monday, Oct 3, a gain of $0.30, or 1.28% from the previous closing price of $23.43. The stock has traded between $22.27 and $23.82 so far today. Volume today is low. So far 1,284,774 shares have traded compared to average volume of 2,541,794 shares. To screen for more stocks like Frontier Communications Parent Inc click here.

More About Frontier Communications Parent Inc

Frontier Communications Parent Inc offers a variety of services to residential and business customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It offers communications solutions to small, medium, and enterprise businesses. Click Here to get the full Stock Report for Frontier Communications Parent Inc stock.