Overall market sentiment has been high on Aptiv PLC (APTV) stock lately. APTV receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With APTV Stock Today?
Aptiv PLC (APTV) stock is trading at $120.68 as of 11:11 AM on Tuesday, Nov 24, a gain of $4.01, or 3.44% from the previous closing price of $116.67. The stock has traded between $118.33 and $121.74 so far today. Volume today is low. So far 453,265 shares have traded compared to average volume of 1,760,451 shares.
More About Aptiv PLC
Aptiv's Signal and Power Solutions segment supplies components and systems that make up a vehicle's electrical system backbone, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The Advanced Safety and User Experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customer is GM at roughly 13% of revenue, including sales to GM's Shanghai joint venture. North America and Europe represented approximately 38% and 33% of total 2019 revenue, respectively.