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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With MARA Stock Today?
Marathon Digital Holdings Inc (MARA) stock is trading at $5.93 as of 9:54 AM on Wednesday, Jul 6, a loss of -$0.14, or -2.31% from the previous closing price of $6.07. The stock has traded between $5.76 and $6.07 so far today. Volume today is low. So far 956,442 shares have traded compared to average volume of 12,454,533 shares.
More About Marathon Digital Holdings Inc
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.
Click Here to get the full Stock Report for Marathon Digital Holdings Inc stock.
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