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.
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 KRON Stock Today?
Kronos Bio Inc (KRON) stock is higher by 4.65% while the S&P 500 is down -0.08% as of 12:28 PM on Friday, Mar 8. KRON has risen $0.06 from the previous closing price of $1.29 on volume of 731,498 shares. Over the past year the S&P 500 is higher by 29.09% while KRON is down -18.67%. KRON lost -$2.08 per share in the over the last 12 months.
More About Kronos Bio Inc
Kronos Bio Inc is a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel cancer therapeutics designed to transform patient outcomes through a precision medicine strategy by targeting dysregulated transcription.
Click Here to get the full Stock Report for Kronos Bio Inc stock.
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