Invitae Corp (NVTA) stock is lower by 3.40% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
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 NVTA Stock Today?
Invitae Corp (NVTA) stock is trading at $38.97 as of 10:03 AM on Tuesday, Apr 13, a gain of $1.36, or 3.62% from the previous closing price of $37.61. The stock has traded between $37.64 and $39.50 so far today. Volume today is less active than usual. So far 369,401 shares have traded compared to average volume of 5,148,770 shares.
To see InvestorsObserver's Sentiment Score for Invitae Corp click here.
More About Invitae Corp
Invitae Corp operates as a genetic information company in diagnostic and research industry. The company's tests include multiple genes associated with hereditary cancer, neurological disorders, cardiovascular disorders, pediatric disorders, metabolic disorders and other hereditary conditions.
Click Here to get the full Stock Score Report on Invitae Corp (NVTA) Stock.
