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Do Traders Think My Size Inc (MYSZ) Can Turn Around Monday?

Monday, May 16, 2022 01:41 PM | InvestorsObserver Analysts
Do Traders Think My Size Inc (MYSZ) Can Turn Around Monday?

My Size Inc (MYSZ) stock is down 12.50% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
My Size Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MYSZ!

What is Stock Sentiment?

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. 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 MYSZ Stock Today?

My Size Inc (MYSZ) stock is trading at $0.21 as of 1:40 PM on Monday, May 16, a loss of -$0.04, or -15% from the previous closing price of $0.25. The stock has traded between $0.20 and $0.23 so far today. Volume today is 1,448,681 compared to average volume of 1,435,531.

More About My Size Inc

My Size, Inc. (NASDAQ: MYSZ) is a technology and big data company with a proprietary platform that generates accurate measurements on any mobile device. Measurements are used to improve the consumer journey in the omnichannel world on a number of markets including e-commerce, parcel delivery, and DIY. The Company's flagship product, MySizeID(TM), serves the e-commerce apparel market, currently a $72 billion market in the U.S. alone. With 70% of e-commerce apparel returns being size related, MySizeID improves retailer revenues (lowers cart abandonment rates and virtually eliminates size-related returns) while building customer loyalty. Beyond apparel, My Size also created BoxSize which enables customers to measure packages and calculate shipping costs via their smartphone and SizeUp a smart tape measure app for the e-commerce Do It Yourself (DIY) market. Click Here to get the full Stock Report for My Size Inc stock.

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