The market has been high on Crocs, Inc. (CROX) stock recently. CROX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Crocs, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CROX!
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 CROX Stock Today?
Crocs, Inc. (CROX) stock is trading at $93.83 as of 1:31 PM on Monday, Nov 21, a loss of -$7.59, or -7.48% from the previous closing price of $101.42. The stock has traded between $93.21 and $100.03 so far today. Volume today is less active than usual. So far 1,525,942 shares have traded compared to average volume of 2,119,136 shares.
More About Crocs, Inc.
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.
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