Is Skywater Technology Inc (SKYT) Stock About to Get Hot Wednesday?

Overall market sentiment has been high on Skywater Technology Inc (SKYT) stock lately. SKYT receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

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

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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. 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 SKYT Stock Today?

Skywater Technology Inc (SKYT) stock is down -1.44% while the S&P 500 has gained 0.15% as of 10:39 AM on Wednesday, Oct 11. SKYT is down -$0.08 from the previous closing price of $5.88 on volume of 75,671 shares. Over the past year the S&P 500 has risen 20.82% while SKYT is down -14.83%. SKYT lost -$0.53 per share in the over the last 12 months. To screen for more stocks like Skywater Technology Inc click here.

More About Skywater Technology Inc

SkyWater Technology Inc is a pure-play technology foundry that offers advanced semiconductor development and manufacturing services from its fabrication facility, in Minnesota and advanced packaging services from the Florida facility. It specializes in advanced Innovation Engineering Services and volume manufacturing of a wide variety of differentiated integrated circuits. Click Here to get the full Stock Report for Skywater Technology Inc stock.