Overall market sentiment has been high on Resideo Technologies Inc (REZI) stock lately. REZI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Resideo Technologies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REZI!
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.
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 REZI Stock Today?
Resideo Technologies Inc (REZI) stock is down -0.29% while the S&P 500 has risen 0.26% as of 11:04 AM on Friday, Nov 12. REZI is down -$0.08 from the previous closing price of $27.56 on volume of 193,696 shares. Over the past year the S&P 500 is higher by 30.47% while REZI has risen 46.72%. REZI lost $1.62 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Resideo Technologies Inc click here.
More About Resideo Technologies Inc
Resideo Technologies Inc is a provider of critical comfort and security solutions in residential environments. The company has two reportable segments namely Products and Solutions is a provider of residential security and intrusion products, consumer thermostats, consumer HVAC and consumer awareness systems, residential thermal solutions and residential water controls that allow owners of homes to stay connected and in control of their comfort, security, and energy use. Its ADI Global Distribution segment is a distributor of security and low voltage fire protection products. Geographically, it derives maximum revenue from the United States and also has a presence in Europe and other countries.
Click Here to get the full Stock Report for Resideo Technologies Inc stock.
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