Apple Inc. (AAPL) stock is up 1.51% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
Click Here to get the full Stock Score Report on Apple Inc. (AAPL) Stock.
What is Stock Sentiment?
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With AAPL Stock Today?
Apple Inc. (AAPL) stock has fallen -0.43% while the S&P 500 has gained 0.58% as of 12:52 PM on Thursday, Dec 12. AAPL has fallen -$1.17 from the previous closing price of $270.77 on volume of 20,436,727 shares. Over the past year the S&P 500 is up 19.84% while AAPL has gained 59.88%. AAPL earned $11.89 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.66.
To see InvestorsObserver's Sentiment Score for Apple Inc. click here.
