How Will the Market React to Monday.Com Ltd (MNDY) Stock Getting a Bullish Rating

The market has been high on Monday.Com Ltd (MNDY) stock recently. MNDY gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Monday.Com Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MNDY!

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What is Stock Sentiment?

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With MNDY Stock Today?

Monday.Com Ltd (MNDY) stock is down -0.19% while the S&P 500 is higher by 0.7% as of 11:38 AM on Thursday, Jun 1. MNDY is down -$0.34 from the previous closing price of $180.20 on volume of 261,762 shares. Over the past year the S&P 500 has risen 1.87% while MNDY is higher by 58.41%. MNDY lost -$1.85 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Monday.Com Ltd click here.

More About Monday.Com Ltd

Monday.Com Ltd Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. Monday.com operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Sydney, Sao Paulo, and Tokyo. Click Here to get the full Stock Report for Monday.Com Ltd stock.