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.
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 IONQ Stock Today?
IONQ Inc (IONQ) stock is trading at $4.43 as of 10:03 AM on Tuesday, Jan 24, a drop of -$0.06, or -1.34% from the previous closing price of $4.49. The stock has traded between $4.37 and $4.73 so far today. Volume today is less active than usual. So far 340,268 shares have traded compared to average volume of 3,140,635 shares.
To see InvestorsObserver's Sentiment Score for IONQ Inc click here.
More About IONQ Inc
IonQ Inc is a leader in quantum computing, with a track record of innovation and deployment. IonQ's next-generation quantum computer is the most powerful trapped-ion quantum computer. It is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access.
Click Here to get the full Stock Report for IONQ Inc stock.
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