Do Traders Think Tyler Technologies, Inc. (TYL) Can Keep Climbing Friday?

Overall market sentiment has been high on Tyler Technologies, Inc. (TYL) stock lately. TYL receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Tyler Technologies, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TYL!

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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. 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 TYL Stock Today?

Tyler Technologies, Inc. (TYL) stock is trading at $353.84 as of 2:37 PM on Friday, Mar 31, a gain of $9.74, or 2.83% from the previous closing price of $344.10. The stock has traded between $345.93 and $356.54 so far today. Volume today is less active than usual. So far 189,110 shares have traded compared to average volume of 310,307 shares. To see InvestorsObserver's Sentiment Score for Tyler Technologies, Inc. click here.

More About Tyler Technologies, Inc.

Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services. Click Here to get the full Stock Report for Tyler Technologies, Inc. stock.