Do Traders Think Spire Global Inc (SPIR) Can Turn Around Thursday?

Spire Global Inc (SPIR) stock is unmoved 0.00% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Spire Global Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SPIR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 SPIR Stock Today?

Spire Global Inc (SPIR) stock has gained 1.25% while the S&P 500 is down -0.86% as of 3:34 PM on Thursday, Aug 17. SPIR is higher by $0.01 from the previous closing price of $0.66 on volume of 1,516,368 shares. Over the past year the S&P 500 has risen 1.43% while SPIR is down -57.86%. SPIR lost -$0.51 per share in the over the last 12 months. To screen for more stocks like Spire Global Inc click here.

More About Spire Global Inc

Spire Global Inc is a provider of space-based data, analytics, and space services, offering access to datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. The company uses multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Click Here to get the full Stock Report for Spire Global Inc stock.