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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With DTST Stock Today?
Data Storage Corp (DTST) stock is trading at $3.78 as of 10:51 AM on Friday, Jan 7, a drop of -$0.01, or -0.26% from the previous closing price of $3.79. The stock has traded between $3.65 and $3.82 so far today. Volume today is low. So far 104,662 shares have traded compared to average volume of 1,679,627 shares.
To see InvestorsObserver's Sentiment Score for Data Storage Corp click here.
More About Data Storage Corp
Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company's solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection. It generates revenue from the sale of equipment and software for cybersecurity, data storage, IBM Power systems equipment and managed service solutions. The majority of revenue is derived from the infrastructure and Disaster Recovery/Cloud Service.
Click Here to get the full Stock Report for Data Storage Corp stock.
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