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.
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 TCN Stock Today?
Tricon Residential Inc (TCN) stock is trading at $11.13 as of 1:16 PM on Thursday, Mar 21, a decline of -$0.02, or -0.18% from the previous closing price of $11.15. Volume today is below average. So far 1,732,708 shares have traded compared to average volume of 4,414,904 shares. The stock has traded between $11.12 and $11.15 so far today.
To screen for more stocks like Tricon Residential Inc click here.
More About Tricon Residential Inc
Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 29000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.
Click Here to get the full Stock Report for Tricon Residential Inc stock.
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