Kohl's Corporation (KSS) stock is up 7.14% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 KSS Stock Today?
Kohl's Corporation (KSS) stock is trading at $48.95 as of 1:02 PM on Thursday, Feb 4, an increase of $2.27, or 4.86% from the previous closing price of $46.68. The stock has traded between $47.50 and $51.00 so far today. Volume today is 4,927,019 compared to average volume of 4,266,403.
To see the top 5 stocks in the Department Stores industry click here.
More About Kohl's Corporation
Kohl's operates 1,162 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates an e-commerce site (kohls.com) and 12 Fila athletic apparel outlets. Women's apparel is Kohl's largest category, having generated 28% of its 2019 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.
Click Here to get the full Stock Score Report on Kohl's Corporation (KSS) Stock.
