How Will the Market React to ZIM Integrated Shipping Services Ltd (ZIM) Stock Getting a Bearish Rating

Overall market sentiment has been down on ZIM Integrated Shipping Services Ltd (ZIM) stock lately. ZIM receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

ZIM Integrated Shipping Services Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ZIM!

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With ZIM Stock Today?

ZIM Integrated Shipping Services Ltd (ZIM) stock is trading at $50.01 as of 10:08 AM on Tuesday, Aug 16, a loss of -$0.54, or -1.07% from the previous closing price of $50.55. The stock has traded between $49.96 and $52.10 so far today. Volume today is below average. So far 531,272 shares have traded compared to average volume of 2,852,942 shares.

More About ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific. Click Here to get the full Stock Report for ZIM Integrated Shipping Services Ltd stock.