When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With CTV Stock Today?
Innovid Corp (CTV) stock is trading at $1.50 as of 1:17 PM on Tuesday, Nov 28, a drop of -$0.14, or -8.54% from the previous closing price of $1.64. The stock has traded between $1.48 and $1.68 so far today. Volume today is light. So far 96,760 shares have traded compared to average volume of 198,168 shares.
To screen for more stocks like Innovid Corp click here.
More About Innovid Corp
Innovid Corp is aÿÂsoftware platform that provides ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services.
Click Here to get the full Stock Report for Innovid Corp stock.
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