How Will the Market React to Pool Corporation (POOL) Stock Getting a Bearish Rating

Overall market sentiment has been down on Pool Corporation (POOL) stock lately. POOL receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Pool Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on POOL!

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What is Stock Sentiment?

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 POOL Stock Today?

Pool Corporation (POOL) stock is trading at $346.16 as of 3:45 PM on Wednesday, Nov 29, a loss of -$4.15, or -1.18% from the previous closing price of $350.31. The stock has traded between $343.00 and $351.38 so far today. Volume today is light. So far 267,064 shares have traded compared to average volume of 376,437 shares. To see InvestorsObserver's Sentiment Score for Pool Corporation click here.

More About Pool Corporation

Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies. Click Here to get the full Stock Report for Pool Corporation stock.