Is E2open Parent Holdings Inc (ETWO) Stock About to Get Hot Friday?

Overall market sentiment has been down on E2open Parent Holdings Inc (ETWO) stock lately. ETWO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

E2open Parent Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ETWO!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With ETWO Stock Today?

E2open Parent Holdings Inc (ETWO) stock has fallen -1.2% while the S&P 500 has risen 0.17% as of 10:20 AM on Friday, Oct 13. ETWO is down -$0.03 from the previous closing price of $2.49 on volume of 729,847 shares. Over the past year the S&P 500 is up 21.81% while ETWO is down -56.61%. ETWO lost -$2.08 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for E2open Parent Holdings Inc click here.

More About E2open Parent Holdings Inc

E2open Parent Holdings Inc is an end-to-end and cloud-based supply chain management SaaS platform. The company's software combines networks, data and applications to provide a deeply embedded, mission-critical platform that allows customers to optimize the supply chain across channel shaping, business planning, logistics, global trade, manufacturing and supply management. Click Here to get the full Stock Report for E2open Parent Holdings Inc stock.