The market has been neutral on Rockwell Automation Inc (ROK) stock recently. ROK gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.
Rockwell Automation Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on ROK!
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 ROK Stock Today?
Rockwell Automation Inc (ROK) stock is trading at $272.33 as of 2:32 PM on Monday, Nov 27, a decline of -$0.67, or -0.25% from the previous closing price of $273.00. Volume today is low. So far 342,707 shares have traded compared to average volume of 1,005,891 shares. The stock has traded between $270.34 and $274.50 so far today.
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More About Rockwell Automation Inc
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with Schlumberger.
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