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.
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 CLI Stock Today?
Mack Cali Realty Corp (CLI) stock has fallen -3.14% while the S&P 500 has risen 0.6% as of 2:40 PM on Tuesday, Nov 16. CLI has fallen -$0.61 from the previous closing price of $19.45 on volume of 1,049,803 shares. Over the past year the S&P 500 is higher by 29.89% while CLI has risen 36.72%. CLI lost -$0.40 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Mack Cali Realty Corp click here.
More About Mack Cali Realty Corp
Mack-Cali Realty Corp is a real estate investment trust that owns and operates office, flex, industrial, and multifamily properties in the Northeastern United States. The vast majority of the company's real estate portfolio is split between office buildings and flex facilities, which are buildings that combine warehouse and office space into one location. Mack-Cali primarily derives its revenue as rental income from tenants. The urban and suburban real estate markets of Jersey City, New Jersey; Newark, New Jersey; Westchester-Rockland, New York; and Bergen-Passaic, New Jersey generate most of the company's total revenue. Mack-Cali's largest tenants include a variety of financial, insurance, manufacturing, and legal services firms.
Click Here to get the full Stock Report for Mack Cali Realty Corp stock.
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