Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 TDY Stock Today?
Teledyne Technologies Inc (TDY) stock has gained 0.56% while the S&P 500 is down -0.16% as of 3:05 PM on Friday, Mar 22. TDY is up $2.39 from the previous closing price of $423.54 on volume of 81,068 shares. Over the past year the S&P 500 has risen 32.93% while TDY is up 1.16%. TDY earned $18.49 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.98.
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More About Teledyne Technologies Inc
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment contributes the largest proportion of revenue and provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
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