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 LSEA Stock Today?
Landsea Homes Corp (LSEA) stock is trading at $7.96 as of 10:13 AM on Thursday, Nov 2, a rise of $0.17, or 2.18% from the previous closing price of $7.79. The stock has traded between $7.85 and $9.00 so far today. Volume today is less active than usual. So far 89,252 shares have traded compared to average volume of 156,837 shares.
To screen for more stocks like Landsea Homes Corp click here.
More About Landsea Homes Corp
Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.
Click Here to get the full Stock Report for Landsea Homes Corp stock.
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