Is Monday.Com Ltd (MNDY) Stock About to Get Hot Tuesday?

The market has been high on Monday.Com Ltd (MNDY) stock recently. MNDY gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 MNDY Stock Today?

Monday.Com Ltd (MNDY) stock is trading at $170.38 as of 10:33 AM on Tuesday, Sep 12, a drop of -$5.28, or -3.01% from the previous closing price of $175.66. The stock has traded between $163.00 and $170.60 so far today. Volume today is below average. So far 157,013 shares have traded compared to average volume of 664,425 shares. To screen for more stocks like Monday.Com Ltd click here.

More About Monday.Com Ltd

Monday.Com Ltd Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. Monday.com operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Sydney, Sao Paulo, and Tokyo. Click Here to get the full Stock Report for Monday.Com Ltd stock.