Overall market sentiment has been high on NCR Corporation (NCR) stock lately. NCR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With NCR Stock Today?
NCR Corporation (NCR) stock is trading at $45.87 as of 11:50 AM on Tuesday, Jul 6, a drop of -$1.73, or -3.63% from the previous closing price of $47.60. The stock has traded between $45.82 and $48.94 so far today. Volume today is below average. So far 515,459 shares have traded compared to average volume of 1,070,247 shares.
More About NCR Corporation
NCR Corp designs and services automated systems that streamline interactions between businesses and consumers. The company is the largest global vendor of ATMs and also sells point-of-sale terminals and self-service check-out systems for retail stores, and self-check-in kiosks for airlines and hotels. The firm derives the majority of its revenue from overseas.