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.
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 CIVI Stock Today?
Civitas Resources Inc (CIVI) stock is lower by -0.57% while the S&P 500 is up 1% as of 11:57 AM on Friday, Nov 3. CIVI is down -$0.44 from the previous closing price of $77.11 on volume of 243,924 shares. Over the past year the S&P 500 is up 15.99% while CIVI is up 12.85%. CIVI earned $12.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.29.
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