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.
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 IMBI Stock Today?
iMedia Brands Inc (IMBI) stock is trading at $0.90 as of 3:04 PM on Friday, Jan 27, an increase of $0.12, or 15.68% from the previous closing price of $0.78. The stock has traded between $0.79 and $0.96 so far today. Volume today is more active than usual. So far 846,914 shares have traded compared to average volume of 305,811 shares.
To see InvestorsObserver's Sentiment Score for iMedia Brands Inc click here.
More About iMedia Brands Inc
iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.
Click Here to get the full Stock Report for iMedia Brands Inc stock.
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