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How Will the Market React to Western Union Co (WU) Stock Getting a Bearish Rating

Thursday, March 14, 2024 03:23 PM | InvestorsObserver Analysts

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How Will the Market React to Western Union Co (WU) Stock Getting a Bearish Rating

Overall market sentiment has been down on Western Union Co (WU) stock lately. WU receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Western Union Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WU!

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 WU Stock Today?

Western Union Co (WU) stock is trading at $13.21 as of 3:15 PM on Thursday, Mar 14, a drop of -$0.34, or -2.51% from the previous closing price of $13.55. The stock has traded between $13.14 and $13.41 so far today. Volume today is below average. So far 3,063,689 shares have traded compared to average volume of 5,102,948 shares. To screen for more stocks like Western Union Co click here.

More About Western Union Co

Western Union provides domestic and international money transfers through its global network of about 500,000 outside agents. It is the largest money transfer company in the world and one of only a few companies with a truly global agent network. Click Here to get the full Stock Report for Western Union Co stock.

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