iRobot Corporation (IRBT) Stock: What Does the Chart Say Monday?

iRobot Corporation (IRBT) stock has fallen 7.37% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

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

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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 IRBT Stock Today?

iRobot Corporation (IRBT) stock is trading at $80.38 as of 12:19 PM on Monday, Aug 23, a rise of $0.81, or 1.01% from the previous closing price of $79.57. The stock has traded between $79.75 and $81.85 so far today. Volume today is light. So far 293,955 shares have traded compared to average volume of 491,277 shares. To see InvestorsObserver's Sentiment Score for iRobot Corporation click here.

More About iRobot Corporation

iRobot Corp is a US-based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company primarily derives its revenue from the product sales. It sells the products across the United States and around the world. Click Here to get the full Stock Report for iRobot Corporation stock.