Is Zendesk Inc (ZEN) Stock About to Get Hot Wednesday?

Wednesday, October 05, 2022 03:44 PM | InvestorsObserver Analysts

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Is Zendesk Inc (ZEN) Stock About to Get Hot Wednesday?

The market has been high on Zendesk Inc (ZEN) stock recently. ZEN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Zendesk Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ZEN!

See Full ZEN Report

What is Stock Sentiment?

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. 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 ZEN Stock Today?

Zendesk Inc (ZEN) stock is lower by -0.1% while the S&P 500 has gained 0.14% as of 3:29 PM on Wednesday, Oct 5. ZEN is down -$0.08 from the previous closing price of $76.78 on volume of 1,396,982 shares. Over the past year the S&P 500 is lower by -11.72% while ZEN is down -31.19%. ZEN lost -$2.29 per share in the over the last 12 months. To screen for more stocks like Zendesk Inc click here.

More About Zendesk Inc

Founded in 2007, Zendesk provides a portfolio of customer engagement software solutions via single applications or the Sunshine suite. Its software unifies customer communication and data across various channels and business units, and simplifies customer service and engagement across self service, phone, chat, messaging, and email. Click Here to get the full Stock Report for Zendesk Inc stock.