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My Size Inc (MYSZ) Stock: What Does the Chart Say Monday?

Monday, September 18, 2023 09:51 AM | InvestorsObserver Analysts

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My Size Inc (MYSZ) Stock: What Does the Chart Say Monday?

My Size Inc (MYSZ) stock has fallen 1.50% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
My Size Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MYSZ!

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 MYSZ Stock Today?

My Size Inc (MYSZ) stock is trading at $1.31 as of 9:46 AM on Monday, Sep 18, a rise of $0.01, or 0.62% from the previous closing price of $1.30. The stock has traded between $1.29 and $1.35 so far today. Volume today is low. So far 5,134 shares have traded compared to average volume of 322,826 shares.

More About My Size Inc

My Size, Inc. (NASDAQ: MYSZ) is a technology and big data company with a proprietary platform that generates accurate measurements on any mobile device. Measurements are used to improve the consumer journey in the omnichannel world on a number of markets including e-commerce, parcel delivery, and DIY. The Company's flagship product, MySizeID(TM), serves the e-commerce apparel market, currently a $72 billion market in the U.S. alone. With 70% of e-commerce apparel returns being size related, MySizeID improves retailer revenues (lowers cart abandonment rates and virtually eliminates size-related returns) while building customer loyalty. Beyond apparel, My Size also created BoxSize which enables customers to measure packages and calculate shipping costs via their smartphone and SizeUp a smart tape measure app for the e-commerce Do It Yourself (DIY) market. Click Here to get the full Stock Report for My Size Inc stock.

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