Orchid Island Capital Inc (ORC) stock has gained 0.58% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 ORC Stock Today?
Orchid Island Capital Inc (ORC) stock has fallen -1.43% while the S&P 500 has gained 0.34% as of 11:16 AM on Monday, Oct 26. ORC has fallen -$0.07 from the previous closing price of $5.25 on volume of 336,981 shares. Over the past year the S&P 500 has gained 14.01% while ORC has fallen -7.66%. ORC lost -$0.52 per share in the over the last 12 months.
More About Orchid Island Capital Inc
Orchid Island Capital Inc invests in residential mortgage-backed securities (RMBS) across the United States. The principal and interest payments of its RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or the Government National Mortgage Association, and are backed by single-family residential mortgage loans.