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Is Monday a Good Day to Buy Sprint Corp (S) Stock?

Monday, January 13, 2020 01:00 PM | InvestorsObserver Analysts

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Is Monday a Good Day to Buy Sprint Corp (S) Stock?

The market has been down on Sprint Corp (S) stock recently. S gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Click Here to get the full Stock Score Report on Sprint Corp (S) Stock.

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With S Stock Today?

Sprint Corp (S) stock is lower by -0.51% while the S&P 500 has risen 0.51% as of 12:50 PM on Monday, Jan 13. S is lower by -$0.03 from the previous closing price of $4.88 on volume of 8,859,290 shares. Over the past year the S&P 500 has risen 27.08% while S is lower by -21.99%. S lost -$0.66 per share in the over the last 12 months.

To see InvestorsObserver's Sentiment Score for Sprint Corp click here.

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