The market has been high on FireEye Inc (FEYE) stock recently. FEYE gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 FEYE Stock Today?
FireEye Inc (FEYE) stock is trading at $13.02 as of 11:02 AM on Monday, Jun 1, a gain of $0.54, or 4.29% from the previous closing price of $12.48. The stock has traded between $12.60 and $13.09 so far today. Volume today is light. So far 3,315,902 shares have traded compared to average volume of 4,746,253 shares.
To screen for more stocks like FireEye Inc click here.
More About FireEye Inc
FireEye is a pure-play cybersecurity firm that offers solutions for networks, endpoints, and email. FireEye's products for on-premises and cloud-based security are supplemented by its services division, with its Mandiant consulting group as a main player in the market for breach responses and security assessments. The company's security experts can be used on-demand by customers and help FireEye innovative its product offerings. The California-based company sells products worldwide, was founded in 2004, and went public in 2013.
