Overall market sentiment has been down on Inpixon (INPX) stock lately. INPX receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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 INPX Stock Today?
Inpixon (INPX) stock is trading at $1.33 as of 10:03 AM on Thursday, Apr 15, a gain of $0.17, or 14.22% from the previous closing price of $1.16. The stock has traded between $1.26 and $1.37 so far today. Volume today is elevated. So far 14,703,271 shares have traded compared to average volume of 7,238,674 shares.
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More About Inpixon
Inpixon is an Indoor Intelligence company. It's business and government customers use solutions to secure, digitize and optimize their indoor spaces with its positioning, mapping and analytics products. Its Indoor Intelligence platform uses sensor technology to detect accessible cellular, Wi-Fi, Bluetooth, ultra-wideband and radio frequency identification signals emitted from devices within a venue providing positional information similar to what global positioning system satellite systems provide for the outdoors. The company's operations are located in United States, Canada, Europe and Asia.
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