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 RSI Stock Today?
Rush Street Interactive Inc (RSI) stock is trading at $3.50 as of 2:56 PM on Wednesday, Nov 30, an increase of $0.07, or 2.04% from the previous closing price of $3.43. The stock has traded between $3.35 and $3.55 so far today. Volume today is less active than usual. So far 469,327 shares have traded compared to average volume of 753,423 shares.
To see InvestorsObserver's Sentiment Score for Rush Street Interactive Inc click here.
More About Rush Street Interactive Inc
Rush Street Interactive Inc is a online gaming and entertainment company that focuses primarily on online casino and online sports betting in the U.S. and Latin American markets. It provides customers an array of gaming offerings such as real-money online casino, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casino, online sports betting and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.
Click Here to get the full Stock Report for Rush Street Interactive Inc stock.
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