In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 DXC Stock Today?
DXC Technology Co (DXC) stock has fallen -2.01% while the S&P 500 has gained 0.07% as of 3:39 PM on Thursday, Nov 16. DXC is lower by -$0.46 from the previous closing price of $22.93 on volume of 1,247,535 shares. Over the past year the S&P 500 is higher by 12.88% while DXC is lower by -21.46%. DXC lost -$2.47 per share in the over the last 12 months.
To screen for more stocks like DXC Technology Co click here.
More About DXC Technology Co
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.
Click Here to get the full Stock Report for DXC Technology Co stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter