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 ESSC Stock Today?
East Stone Acquisition Corp (ESSC) stock has fallen -0.81% while the S&P 500 is up 0.02% as of 11:13 AM on Wednesday, Jan 19. ESSC has fallen -$0.09 from the previous closing price of $11.16 on volume of 122,146 shares. Over the past year the S&P 500 is higher by 20.51% while ESSC is up 9.71%. ESSC lost -$0.09 per share in the over the last 12 months.
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