Do Traders Think Reliance Global Group Inc (RELI) Can Turn Around Friday?

The market has been neutral on Reliance Global Group Inc (RELI) stock recently. RELI gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Reliance Global Group Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on RELI!

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With RELI Stock Today?

Reliance Global Group Inc (RELI) stock is higher by 3.65% while the S&P 500 is lower by -0.41% as of 10:10 AM on Friday, Apr 8. RELI has risen $0.13 from the previous closing price of $3.61 on volume of 28,633 shares. Over the past year the S&P 500 has gained 9.85% while RELI is lower by -5.08%. RELI lost -$2.09 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Reliance Global Group Inc click here.

More About Reliance Global Group Inc

Reliance Global Group, Inc. operates as a holding company with diversified interests in the insurance and real estate markets. The Company is focused on acquiring growing, cash flow positive insurance agencies. Within the real estate segment, the Company is involved in acquiring, owning, leasing, managing, and redeveloping multifamily residential properties throughout the U.S. for risk-adjusted returns. Click Here to get the full Stock Report for Reliance Global Group Inc stock.