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.
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 RSKD Stock Today?
Riskified Ltd (RSKD) stock is trading at $5.31 as of 9:58 AM on Wednesday, Mar 6, a rise of $0.29, or 5.78% from the previous closing price of $5.02. The stock has traded between $5.10 and $5.41 so far today. Volume today is less active than usual. So far 248,602 shares have traded compared to average volume of 534,066 shares.
To screen for more stocks like Riskified Ltd click here.
More About Riskified Ltd
Riskified Ltd has built a next-generation eCommerce risk management platform that allows online merchants to create trusted relationships with their consumers. It primarily generates revenue by granting merchants access to its eCommerce risk management platform and reviewing and approving eCommerce transactions for legitimacy.
Click Here to get the full Stock Report for Riskified Ltd stock.
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