Overall market sentiment has been high on SHARPLINK GAMING LTD (SBET) stock lately. SBET receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
SHARPLINK GAMING LTD has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SBET!
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.
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 SBET Stock Today?
SHARPLINK GAMING LTD (SBET) stock is trading at $1.37 as of 10:06 AM on Wednesday, Feb 14, a loss of -$0.05, or -3.52% from the previous closing price of $1.42. The stock has traded between $1.36 and $1.52 so far today. Volume today is light. So far 40,544 shares have traded compared to average volume of 112,945 shares.
To see InvestorsObserver's Sentiment Score for SHARPLINK GAMING LTD click here.
More About SHARPLINK GAMING LTD
SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.
Click Here to get the full Stock Report for SHARPLINK GAMING LTD stock.
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