How Will the Market React to Motorcar Parts of America, Inc. (MPAA) Stock Getting a Bullish Rating

The market has been high on Motorcar Parts of America, Inc. (MPAA) stock recently. MPAA gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Motorcar Parts of America, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MPAA!

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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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With MPAA Stock Today?

Motorcar Parts of America, Inc. (MPAA) stock is trading at $18.56 as of 3:07 PM on Wednesday, Sep 15, a decline of -$0.07, or -0.38% from the previous closing price of $18.63. Volume today is above average. So far 136,442 shares have traded compared to average volume of 49,864 shares. The stock has traded between $18.30 and $18.85 so far today. To see InvestorsObserver's Sentiment Score for Motorcar Parts of America, Inc. click here.

More About Motorcar Parts of America, Inc.

Motorcar Parts of America Inc is a US-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the US, of which a majority of the revenue is derived from the sales of rotating electrical products. Click Here to get the full Stock Report for Motorcar Parts of America, Inc. stock.