The market has been high on Tyler Technologies, Inc. (TYL) stock recently. TYL 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.
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 TYL Stock Today?
Tyler Technologies, Inc. (TYL) stock is trading at $374.75 as of 12:03 PM on Thursday, May 28, an increase of $9.75, or 2.67% from the previous closing price of $365.00. The stock has traded between $365.66 and $379.37 so far today. Volume today is low. So far 189,174 shares have traded compared to average volume of 316,752 shares.
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More About Tyler Technologies, Inc.
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts, and other local government entities. The company's two core products are Munis, which is the core enterprise resource planning system, and Odyssey, which is the court management system. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
