Is it Time to Dump Newell Brands Inc (NWL) Stock After it Is Higher By 1.08% in a Week?

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

Newell Brands Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NWL!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 NWL Stock Today?

Newell Brands Inc (NWL) stock is lower by -0.27% while the S&P 500 has gained 0.06% as of 1:05 PM on Friday, Nov 24. NWL is lower by -$0.02 from the previous closing price of $7.51 on volume of 1,200,617 shares. Over the past year the S&P 500 has gained 13.21% while NWL is lower by -43.17%. NWL lost -$1.32 per share in the over the last 12 months. To screen for more stocks like Newell Brands Inc click here.

More About Newell Brands Inc

Newell Brands Inc is an American global consumer goods company. The business activities of the group function through five segments namely, Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, Outdoor and Recreation. Learning and Development segment generates most of the revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products and labeling solutions. Click Here to get the full Stock Report for Newell Brands Inc stock.