The market has been high on Vivint Smart Home Inc (VVNT) stock recently. VVNT gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 VVNT Stock Today?
Vivint Smart Home Inc (VVNT) stock is higher by 7.53% while the S&P 500 is lower by -0.01% as of 9:48 AM on Wednesday, May 26. VVNT is higher by $1.05 from the previous closing price of $13.89 on volume of 58,051 shares. Over the past year the S&P 500 is higher by 39.97% while VVNT is higher by 29.60%. VVNT lost -$2.81 per share in the over the last 12 months.
More About Vivint Smart Home Inc
Vivint Smart Home Inc is a smart home platform company. It provides a fully integrated solution for consumers with vertically integrated business model which includes hardware, software, sales, installation, support and professional monitoring. The company offers Home Security Systems, Wireless Security Cameras, Smart Security Devices such as Smart Locks and Garage Door Openers, Doorbell Video Cameras, and Burglary Sensor Detection, among others. The group operates in the United States and Canada, of which key revenue is derived from the United States.