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Is it Time to Dump Angi Inc (ANGI) Stock After it Is Higher By 19.38% in a Week?

Thursday, November 09, 2023 01:18 PM | InvestorsObserver Analysts

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Is it Time to Dump Angi Inc (ANGI) Stock After it Is Higher By 19.38% in a Week?

The market has been high on Angi Inc (ANGI) stock recently. ANGI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Angi Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ANGI!

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 ANGI Stock Today?

Angi Inc (ANGI) stock is higher by 8.52% while the S&P 500 is lower by -0.27% as of 1:09 PM on Thursday, Nov 9. ANGI has gained $0.15 from the previous closing price of $1.76 on volume of 3,613,104 shares. Over the past year the S&P 500 has risen 14.18% while ANGI is unmoved 0.00%. ANGI lost -$0.18 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Angi Inc click here.

More About Angi Inc

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. It has two geographical segments namely North America (the United States and Canada), which primarily includes the operations HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, and Fixd Repair; and Europe, which includes the operations of Travaux, MyHammer, MyBuilder, Werkspot, and Instapro. The company generates maximum revenue from the North American segment. Click Here to get the full Stock Report for Angi Inc stock.

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