The market has been down on Monolithic Power Systems, Inc. (MPWR) stock recently. MPWR gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 MPWR Stock Today?
Monolithic Power Systems, Inc. (MPWR) stock is trading at $317.51 as of 3:02 PM on Friday, May 14, a rise of $11.18, or 3.65% from the previous closing price of $306.33. The stock has traded between $309.32 and $319.49 so far today. Volume today is below average. So far 239,929 shares have traded compared to average volume of 353,535 shares.
More About Monolithic Power Systems, Inc.
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. Monolithic Power uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.