How Will the Market React to Cielo ADR (CIOXY) Stock Getting a Bearish Rating

Cielo ADR (CIOXY) stock has fallen 2.33% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Cielo ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CIOXY!

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What is Stock Sentiment?

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 CIOXY Stock Today?

Cielo ADR (CIOXY) stock is trading at $0.42 as of 9:47 AM on Tuesday, Oct 12, a loss of -$0.03, or -7.41% from the previous closing price of $0.46. The stock has traded between $0.42 and $0.46 so far today. Volume today is elevated. So far 590,110 shares have traded compared to average volume of 345,970 shares. To see InvestorsObserver's Sentiment Score for Cielo ADR click here.

More About Cielo ADR

Cielo SA is a Brazil-based provider of payment software and related services to large credit and debit card issuers such as Visa, Mastercard, American Express, and private-label card issuers, including retailers, supermarkets, bookstores, gas stations, and insurance companies. Cielo's offerings capture, process, and manage credit and debit card transactions; accredit merchants; and manage payment accounts. The firm also rents, installs, and maintains point-of-sale terminals. Click Here to get the full Stock Report for Cielo ADR stock.