Is it Time to Dump Norfolk Southern Corp (NSC) Stock After it Is Higher By 1.95% in a Week?

The market has been high on Norfolk Southern Corp (NSC) stock recently. NSC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Norfolk Southern Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NSC!

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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 NSC Stock Today?

Norfolk Southern Corp (NSC) stock is trading at $256.00 as of 11:36 AM on Thursday, Dec 1, a loss of -$0.50, or -0.19% from the previous closing price of $256.50. Volume today is below average. So far 487,922 shares have traded compared to average volume of 1,553,601 shares. The stock has traded between $253.91 and $258.98 so far today. To see InvestorsObserver's Sentiment Score for Norfolk Southern Corp click here.

More About Norfolk Southern Corp

Class-I railroad Norfolk Southern operates in the Eastern United States. On roughly 21,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products. Click Here to get the full Stock Report for Norfolk Southern Corp stock.