How Will the Market React to Infosys Ltd ADR (INFY) Stock Getting a Bullish Rating

Infosys Ltd ADR (INFY) stock is lower by 2.99% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Infosys Ltd ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INFY!

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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 INFY Stock Today?

Infosys Ltd ADR (INFY) stock is trading at $17.17 as of 11:12 AM on Tuesday, Oct 11, a loss of -$0.39, or -2.22% from the previous closing price of $17.56. The stock has traded between $16.99 and $17.22 so far today. Volume today is less active than usual. So far 4,967,831 shares have traded compared to average volume of 11,795,922 shares. To see InvestorsObserver's Sentiment Score for Infosys Ltd ADR click here.

More About Infosys Ltd ADR

Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bangalore, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service (BPaaS). Click Here to get the full Stock Report for Infosys Ltd ADR stock.