Overall market sentiment has been high on Lear Corporation (LEA) stock lately. LEA receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Lear Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LEA!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 LEA Stock Today?
Lear Corporation (LEA) stock is trading at $122.51 as of 12:04 PM on Thursday, Sep 29, a decline of -$5.49, or -4.29% from the previous closing price of $128.00. The stock has traded between $120.27 and $125.11 so far today. Volume today is 575,426 compared to average volume of 555,796.
To see InvestorsObserver's Sentiment Score for Lear Corporation click here.
More About Lear Corporation
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high voltage battery management systems, high voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity.
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