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Is Newell Brands Inc (NWL) Stock About to Get Hot Monday?

Monday, March 25, 2024 03:39 PM | InvestorsObserver Analysts

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Is Newell Brands Inc (NWL) Stock About to Get Hot Monday?

The market has been down on Newell Brands Inc (NWL) stock recently. NWL gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Newell Brands Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NWL!

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. 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 NWL Stock Today?

Newell Brands Inc (NWL) stock is up 0.07% while the S&P 500 has fallen -0.21% as of 3:22 PM on Monday, Mar 25. NWL is up $0.01 from the previous closing price of $7.66 on volume of 1,227,879 shares. Over the past year the S&P 500 has risen 31.32% while NWL has fallen -34.83%. NWL lost -$0.94 per share in the over the last 12 months. To screen for more stocks like Newell Brands Inc click here.

More About Newell Brands Inc

Newell Brands Inc is an American global consumer goods company. The business activities of the group function through five segments namely, Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, Outdoor and Recreation. Learning and Development segment generates most of the revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products and labeling solutions. Click Here to get the full Stock Report for Newell Brands Inc stock.

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