Do Traders Think mPhase Technologies, Inc. (XDSL) Can Keep Climbing Thursday?

mPhase Technologies, Inc. (XDSL) stock is higher by 50.00% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

mPhase Technologies, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on XDSL!

See Full XDSL Report

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 XDSL Stock Today?

mPhase Technologies, Inc. (XDSL) stock has risen 22.22% while the S&P 500 is lower by -0.89% as of 11:31 AM on Thursday, Sep 15. XDSL has risen $0.01 from the previous closing price of $0.03 on volume of 1,601,586 shares. Over the past year the S&P 500 is down -11.98% while XDSL is lower by -88.46%. XDSL lost -$0.02 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for mPhase Technologies, Inc. click here.

More About mPhase Technologies, Inc.

mPhase Technologies Inc is a United States-based company engaged in development and commercialization of next-generation solutions for telecommunications and nanotechnology applications. It researches, develops and fabricates smart surfaces using materials science engineering, and enabled by breakthroughs in nanotechnology science and the principles of microfluidics and micro-electromechanical systems (MEMS). The company develops products for both the commercial and military applications. Its first application is a Smart Nanobattery which uses its smart surface technology for providing power to electronic and microelectronic devices. Click Here to get the full Stock Report for mPhase Technologies, Inc. stock.