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How Will the Market React to Fathom Holdings Inc (FTHM) Stock Getting a Bearish Rating

Wednesday, November 22, 2023 01:27 PM | InvestorsObserver Analysts

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How Will the Market React to Fathom Holdings Inc (FTHM) Stock Getting a Bearish Rating

Fathom Holdings Inc (FTHM) stock is down 16.27% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

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

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 FTHM Stock Today?

Fathom Holdings Inc (FTHM) stock is trading at $2.83 as of 1:19 PM on Wednesday, Nov 22, a gain of $0.14, or 5.2% from the previous closing price of $2.69. The stock has traded between $2.64 and $3.14 so far today. Volume today is above average. So far 26,921 shares have traded compared to average volume of 16,430 shares.

More About Fathom Holdings Inc

Fathom Holdings Inc is a cloud-based, technology-driven platform-as-a-service company operating in the real estate industry. Its low-overhead business model leverages proprietary software platform for management of real estate brokerage back-office functions, without the cost of physical brick and mortar offices or of redundant personnel. The company recognizes revenue primarily through the commissions that its agents charge their clients. Click Here to get the full Stock Report for Fathom Holdings Inc stock.

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