How Will the Market React to Marathon Digital Holdings Inc (MARA) Stock Getting a Bullish Rating

Marathon Digital Holdings Inc (MARA) stock has risen 12.24% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Marathon Digital Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MARA!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MARA Stock Today?

Marathon Digital Holdings Inc (MARA) stock is trading at $8.62 as of 11:35 AM on Monday, Jan 23, an increase of $0.55, or 6.75% from the previous closing price of $8.07. The stock has traded between $7.81 and $8.73 so far today. Volume today is 21,843,539 compared to average volume of 27,857,602. To see InvestorsObserver's Sentiment Score for Marathon Digital Holdings Inc click here.

More About Marathon Digital Holdings Inc

Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States. Click Here to get the full Stock Report for Marathon Digital Holdings Inc stock.