The market has been neutral on Dogness Corp (DOGZ) stock recently. DOGZ gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 DOGZ Stock Today?
Dogness Corp (DOGZ) stock is trading at $2.39 as of 11:57 AM on Wednesday, Oct 28, a loss of -$0.06, or -2.45% from the previous closing price of $2.45. The stock has traded between $2.30 and $2.65 so far today. Volume today is light. So far 395,138 shares have traded compared to average volume of 1,495,630 shares.
To see the top 5 stocks in the Household & Personal Products industry click here.
More About Dogness Corp
Dogness (International) Corp designs, manufactures and distributes pet-related products. It is engaged in designs and manufactures fashionable and high-quality leashes, collars, and harnesses to complement cat's and dog's appearances. The company's product portfolio includes Smart Feeding Series; Smart Fun Series; Healthy Water Series and Smart Tracking Series. Geographically, it generates maximum revenue from China and also has a presence in the United States; Europe; Australia; Canada; Central and South America and Japan and other Asian countries and regions.
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