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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SIFY Stock Today?
Sify Technologies Limited (SIFY) stock is trading at $1.54 as of 2:46 PM on Friday, May 26, a rise of $0.25, or 19.38% from the previous closing price of $1.29. The stock has traded between $1.27 and $1.61 so far today. Volume today is elevated. So far 427,115 shares have traded compared to average volume of 82,769 shares.
To see InvestorsObserver's Sentiment Score for Sify Technologies Limited click here.
More About Sify Technologies Limited
Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which--Sify.com--is among India's top 10 sites in terms of traffic. The firm's revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.
Click Here to get the full Stock Report for Sify Technologies Limited stock.
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