Should You Buy DuPont de Nemours Inc (DD) Stock After it Has Gained 0.13% in a Week?

The market has been high on DuPont de Nemours Inc (DD) stock recently. DD gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

DuPont de Nemours Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DD!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With DD Stock Today?

DuPont de Nemours Inc (DD) stock is trading at $71.45 as of 2:23 PM on Tuesday, Nov 28, an increase of $0.23, or 0.32% from the previous closing price of $71.22. Volume today is low. So far 1,276,205 shares have traded compared to average volume of 2,789,054 shares. The stock has traded between $71.00 and $72.04 so far today.

More About DuPont de Nemours Inc

DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which tend to have a wide range of applications across multiple industries. Click Here to get the full Stock Report for DuPont de Nemours Inc stock.