Overall market sentiment has been down on Braskem SA ADR (BAK) stock lately. BAK receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Braskem SA ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BAK!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 BAK Stock Today?
Braskem SA ADR (BAK) stock is trading at $12.49 as of 11:33 AM on Friday, Sep 2, an increase of $0.91, or 7.86% from the previous closing price of $11.58. The stock has traded between $12.29 and $12.69 so far today. Volume today is 169,111 compared to average volume of 208,737.
To see InvestorsObserver's Sentiment Score for Braskem SA ADR click here.
More About Braskem SA ADR
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.
Click Here to get the full Stock Report for Braskem SA ADR stock.
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