Should You Buy Booking Holdings Inc (BKNG) Stock After it Has Gained 5.65% in a Week?

The market has been high on Booking Holdings Inc (BKNG) stock recently. BKNG gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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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 BKNG Stock Today?

Booking Holdings Inc (BKNG) stock is trading at $2,477.39 as of 12:54 PM on Thursday, Sep 23, a rise of $71.28, or 2.96% from the previous closing price of $2,406.11. The stock has traded between $2,410.65 and $2,484.93 so far today. Volume today is 230,721 compared to average volume of 291,386. To see InvestorsObserver's Sentiment Score for Booking Holdings Inc click here.

More About Booking Holdings Inc

Booking is the world's largest online travel agency by sales, offering booking services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates a number of branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits. Click Here to get the full Stock Report for Booking Holdings Inc stock.