The market has been high on Fubotv Inc (FUBO) stock recently. FUBO gets a Bullish 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.
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 FUBO Stock Today?
Fubotv Inc (FUBO) stock is trading at $43.82 as of 10:07 AM on Monday, Jan 25, a rise of $6.07, or 16.08% from the previous closing price of $37.75. The stock has traded between $40.12 and $44.38 so far today. Volume today is light. So far 10,744,280 shares have traded compared to average volume of 30,309,974 shares.
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More About Fubotv Inc
FuboTV Inc offers consumers a live TV streaming platform for sports, news and entertainment through fuboTV. The company generates revenues through the sale of subscription services and the sale of advertisements in the United States.
Click Here to get the full Stock Score Report on Fubotv Inc (FUBO) Stock.
