Maxar Technologies Inc (MAXR) stock is lower by 28.25% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
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 MAXR Stock Today?
Maxar Technologies Inc (MAXR) stock is trading at $29.29 as of 1:48 PM on Tuesday, May 4, a decline of -$9.94, or -25.34% from the previous closing price of $39.23. The stock has traded between $27.86 and $35.12 so far today. Volume today is above average. So far 7,228,450 shares have traded compared to average volume of 1,446,185 shares.
To see InvestorsObserver's Sentiment Score for Maxar Technologies Inc click here.
More About Maxar Technologies Inc
Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data and analytics.
Click Here to get the full Stock Score Report on Maxar Technologies Inc (MAXR) Stock.
