Do Traders Think Sphere 3D Corp (ANY) Can Turn Around Thursday?

Overall market sentiment has been down on Sphere 3D Corp (ANY) stock lately. ANY receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sphere 3D Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ANY!

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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. 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 ANY Stock Today?

Sphere 3D Corp (ANY) stock is trading at $3.08 as of 11:18 AM on Thursday, Dec 30, a rise of $0.13, or 4.27% from the previous closing price of $2.95. The stock has traded between $2.90 and $3.11 so far today. Volume today is low. So far 1,212,063 shares have traded compared to average volume of 5,248,776 shares. To screen for more stocks like Sphere 3D Corp click here.

More About Sphere 3D Corp

Sphere 3D Corp delivers virtualization technology and data management solutions. It operates in one segment, which is providing data management and desktop and application virtualization solutions for small and medium businesses and distributed enterprises. The company's portfolio includes HVE Converged & Hyper-converged Infrastructure, G-Series Appliance & G-Series Cloud, and SnapServer. It derives revenue primarily from solutions for standalone storage and integrated hyper-converged storage, professional services, and warranty and customer services. Its geographical segments are the Americas, Asia-Pacific, and EMEA (Europe, the Middle East, and Africa). Click Here to get the full Stock Report for Sphere 3D Corp stock.