MarketWise Inc (MKTW) Stock: What Does the Chart Say Monday?

Overall market sentiment has been high on MarketWise Inc (MKTW) stock lately. MKTW receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 MKTW Stock Today?

MarketWise Inc (MKTW) stock is trading at $2.67 as of 1:39 PM on Monday, Nov 13, a gain of $0.26, or 10.79% from the previous closing price of $2.41. The stock has traded between $2.37 and $2.73 so far today. Volume today is more active than usual. So far 312,004 shares have traded compared to average volume of 201,346 shares. To screen for more stocks like MarketWise Inc click here.

More About MarketWise Inc

Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets. Click Here to get the full Stock Report for MarketWise Inc stock.