Overall market sentiment has been high on Cipher Mining Inc (CIFR) stock lately. CIFR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Cipher Mining Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CIFR!
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CIFR Stock Today?
Cipher Mining Inc (CIFR) stock is lower by -9.3% while the S&P 500 has risen 0.2% as of 12:04 PM on Monday, Jun 5. CIFR is down -$0.24 from the previous closing price of $2.58 on volume of 431,936 shares. Over the past year the S&P 500 is up 4.11% while CIFR has risen 14.15%. CIFR lost -$0.11 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Cipher Mining Inc click here.
