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.
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 INVZ Stock Today?
Innoviz Technologies Ltd (INVZ) stock is trading at $1.43 as of 2:46 PM on Wednesday, Oct 25, a loss of -$0.01, or -0.69% from the previous closing price of $1.44. Volume today is 2,059,919 compared to average volume of 1,942,921. The stock has traded between $1.39 and $1.55 so far today.
To see InvestorsObserver's Sentiment Score for Innoviz Technologies Ltd click here.
More About Innoviz Technologies Ltd
Innoviz is a leading provider of high-performance, solid-state LiDAR sensors and perception software that bring vision to the automotive, drone, robotics, mapping and other industries. The company's commercially available, solid-state LiDAR sensors and perception software enable safe autonomy by bringing unparalleled optics, seamless design and cutting-edge software to market. Innoviz's LiDAR provides a comprehensive 3D image of a scene. Innoviz's offerings include InnovizOne, an automotive-grade, mass-producible LiDAR sensor, InnovizTwo, next generation high-performance automotive-grade LiDAR sensor, and Innoviz's perception software, designed to complement the company's hardware offerings with advanced AI and machine learning-based classification, detection and tracking features.
Click Here to get the full Stock Report for Innoviz Technologies Ltd stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
