Do Traders Think Siebert Financial Corp (SIEB) Can Keep Climbing Monday?

Siebert Financial Corp (SIEB) stock has risen 9.17% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Siebert Financial Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SIEB!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 SIEB Stock Today?

Siebert Financial Corp (SIEB) stock is trading at $2.38 as of 10:44 AM on Monday, Aug 7, a gain of $0.26, or 12.26% from the previous closing price of $2.12. The stock has traded between $2.22 and $2.52 so far today. Volume today is elevated. So far 64,342 shares have traded compared to average volume of 19,532 shares. To screen for more stocks like Siebert Financial Corp click here.

More About Siebert Financial Corp

Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries. Click Here to get the full Stock Report for Siebert Financial Corp stock.