Is it Time to Dump Walkme Ltd (WKME) Stock After it Has Gained 9.30% in a Week?

Walkme Ltd (WKME) stock is up 9.30% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Walkme Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WKME!

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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. 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 WKME Stock Today?

Walkme Ltd (WKME) stock is trading at $9.99 as of 1:26 PM on Thursday, Nov 16, a decline of -$0.05, or -0.5% from the previous closing price of $10.04. Volume today is more active than usual. So far 228,559 shares have traded compared to average volume of 71,451 shares. The stock has traded between $9.49 and $10.06 so far today.

More About Walkme Ltd

WalkMe Ltd is the defining solution enabling organizations to better realize the value of software investments. It is a cloud-based digital adoption platform, users employees and customers of organizations can navigate websites, SaaS applications, and mobile apps through a digital, GPS-like experience to accomplish any task from simple, online transactions, to complex cross-application software processes, to fully autonomous experiences that require no manual clicks or entries. Substantial revenue is derived from the United States. Click Here to get the full Stock Report for Walkme Ltd stock.