Roku Inc (ROKU) stock is down 3.03% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.
Click Here to get the full Stock Score Report on Roku Inc (ROKU) Stock.
What is Stock Sentiment?
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.
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 ROKU Stock Today?
Roku Inc (ROKU) stock has fallen -2.09% while the S&P 500 is higher by 0.47% as of 11:36 AM on Thursday, Jan 16. ROKU is lower by -$2.77 from the previous closing price of $132.50 on volume of 4,081,000 shares. Over the past year the S&P 500 has risen 26.60% while ROKU is higher by 220.40%. ROKU lost -$0.32 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Roku Inc click here.
