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How Will the Market React to Blacksky Technology Inc (BKSY) Stock Getting a Bearish Rating

Tuesday, December 28, 2021 01:49 PM | InvestorsObserver Analysts

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How Will the Market React to Blacksky Technology Inc (BKSY) Stock Getting a Bearish Rating

Blacksky Technology Inc (BKSY) stock is down 12.50% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Blacksky Technology Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BKSY!

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 BKSY Stock Today?

Blacksky Technology Inc (BKSY) stock is trading at $4.55 as of 1:47 PM on Tuesday, Dec 28, a loss of -$0.39, or -7.89% from the previous closing price of $4.94. The stock has traded between $4.52 and $4.91 so far today. Volume today is 971,577 compared to average volume of 843,381. To screen for more stocks like Blacksky Technology Inc click here.

More About Blacksky Technology Inc

BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company monitors activities and facilities worldwide by harnessing the world's emerging sensor networks and leveraging its own satellite constellation. Click Here to get the full Stock Report for Blacksky Technology Inc stock.

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