How Will the Market React to Amplitude Inc (AMPL) Stock Getting a Bullish Rating

Overall market sentiment has been high on Amplitude Inc (AMPL) stock lately. AMPL receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

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

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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. 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 AMPL Stock Today?

Amplitude Inc (AMPL) stock is down -1.26% while the S&P 500 is up 0.11% as of 10:18 AM on Monday, Nov 6. AMPL is down -$0.14 from the previous closing price of $10.75 on volume of 273,587 shares. Over the past year the S&P 500 has risen 14.61% while AMPL is down -23.21%. AMPL lost -$0.88 per share in the over the last 12 months.

More About Amplitude Inc

Amplitude Inc is pioneering a new category of software called digital optimization. The company's digital optimization system serves as the command center for businesses to connect digital products to business outcomes. Click Here to get the full Stock Report for Amplitude Inc stock.