Should You Buy MediaAlpha Inc (MAX) Stock After it Has Gained 5.83% in a Week?

MediaAlpha Inc (MAX) stock is up 5.83% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

MediaAlpha Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MAX!

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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. 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 MAX Stock Today?

MediaAlpha Inc (MAX) stock has gained 16.24% while the S&P 500 is down -0.08% as of 12:08 PM on Thursday, Aug 3. MAX has gained $1.45 from the previous closing price of $8.90 on volume of 152,758 shares. Over the past year the S&P 500 is up 10.23% while MAX is down -11.61%. MAX lost -$1.42 per share in the over the last 12 months.

More About MediaAlpha Inc

MediaAlpha Inc provides a platform that facilitates insurance carriers and distributors target and acquire customers. The company's technology platform brings insurance carriers and consumers together through a real-time, transparent, and results-driven ecosystem. It acts as a customer acquisition channel in the areas of property & casualty insurance, health insurance, and life insurance. The company operates in the United States and generates revenue by earning a fee for each consumer referral sold on its platform. Click Here to get the full Stock Report for MediaAlpha Inc stock.