Is Sony Corp (SNE) a Stock to Watch This Week?

Overall market sentiment has been high on Sony Corp (SNE) stock lately. SNE receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.

Sony Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SNE!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.

Recent trends are a good indator 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 SNE Stock Today?

Sony Corp (SNE) stock is trading at $82.76 as of 3:38 PM on Thursday, Aug 13, an increase of $2.03, or 2.51% from the previous closing price of $80.73. The stock has traded between $81.27 and $83.19 so far today. Volume today is above average. So far 1,397,758 shares have traded compared to average volume of 1,055,710 shares.

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More About Sony Corp

Sony Corp is a conglomerate with consumer electronics roots and various well-known brand names, such as Walkman in portable audio players, Vaio in PCs, Xperia in smartphones, Cybershot and Alpha in digital cameras, and PlayStation in video game consoles. It currently has seven main business segments, operating electronic appliances, games, devices and semiconductors, entertainment content, and financial services.