Is Flywire Corp (FLYW) a Stock to Watch After Gaining 4.71% This Week?

The market has been high on Flywire Corp (FLYW) stock recently. FLYW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Flywire Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FLYW!

See Full FLYW Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With FLYW Stock Today?

Flywire Corp (FLYW) stock has fallen -3.93% while the S&P 500 is up 0.07% as of 3:06 PM on Monday, Nov 6. FLYW is lower by -$1.12 from the previous closing price of $28.47 on volume of 675,808 shares. Over the past year the S&P 500 is higher by 14.57% while FLYW is up 52.71%. FLYW lost -$0.23 per share in the over the last 12 months. To screen for more stocks like Flywire Corp click here.

More About Flywire Corp

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Click Here to get the full Stock Report for Flywire Corp stock.