The market has been high on Trinseo S.A. (TSE) stock recently. TSE gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 TSE Stock Today?
Trinseo S.A. (TSE) stock is trading at $64.33 as of 2:53 PM on Thursday, Apr 1, an increase of $0.57, or 0.89% from the previous closing price of $63.76. The stock has traded between $63.15 and $65.00 so far today. Volume today is below average. So far 182,469 shares have traded compared to average volume of 508,922 shares.
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More About Trinseo S.A.
Trinseo SA manufactures synthetic rubber, latex, and plastics products. The company's operating segment includes Latex Binders, Synthetic Rubber, Engineered Materials, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. It generates maximum revenue from the Base Plastics segment. The Base Plastics segment consists of a variety of compounds and blends, the majority of which are for automotive applications. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; Asia-Pacific, and the Rest of World.
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