Do Traders Think Levi Strauss & Co (LEVI) Can Keep Climbing Thursday?

The market has been high on Levi Strauss & Co (LEVI) stock recently. LEVI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Levi Strauss & Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LEVI!

See Full LEVI Report

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 LEVI Stock Today?

Levi Strauss & Co (LEVI) stock is trading at $19.78 as of 12:13 PM on Thursday, Mar 28, a rise of $0.40, or 2.06% from the previous closing price of $19.38. The stock has traded between $19.47 and $19.90 so far today. Volume today is below average. So far 760,853 shares have traded compared to average volume of 1,386,712 shares. To screen for more stocks like Levi Strauss & Co click here.

More About Levi Strauss & Co

Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia. Click Here to get the full Stock Report for Levi Strauss & Co stock.