Is RealReal Inc (REAL) Stock About to Get Hot Wednesday?

The market has been high on RealReal Inc (REAL) stock recently. REAL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

RealReal Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REAL!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 REAL Stock Today?

RealReal Inc (REAL) stock is trading at $3.59 as of 11:22 AM on Wednesday, Mar 20, a gain of $0.17, or 5.09% from the previous closing price of $3.42. The stock has traded between $3.43 and $3.63 so far today. Volume today is below average. So far 1,214,647 shares have traded compared to average volume of 5,317,087 shares. To see InvestorsObserver's Sentiment Score for RealReal Inc click here.

More About RealReal Inc

The RealReal is the largest luxury resale platform in the U.S., generating $1.48 billion in 2021 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The firm generates revenue via consignment and first-party sales on its online marketplace, and through direct sales across its brick-and-mortar footprint. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 25% of gross merchandise value (or 35% of net merchandise value, which excludes returns, cancellations, and first-party sales). Click Here to get the full Stock Report for RealReal Inc stock.