Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 GB Stock Today?
Global Blue Group Holding Ltd (GB) stock is up 4.35% while the S&P 500 is down -1.14% as of 1:12 PM on Tuesday, Sep 26. GB is higher by $0.25 from the previous closing price of $5.75 on volume of 24,211 shares. Over the past year the S&P 500 has gained 17.31% while GB is higher by 31.58%. GB lost -$0.14 per share in the over the last 12 months.
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