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.
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 NRDY Stock Today?
Nerdy Inc (NRDY) stock is down -1.9% while the S&P 500 has risen 0.08% as of 9:36 AM on Monday, Nov 6. NRDY is down -$0.06 from the previous closing price of $3.15 on volume of 15,776 shares. Over the past year the S&P 500 is up 14.58% while NRDY has risen 34.35%. NRDY lost -$0.55 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Nerdy Inc click here.
