Should You Buy NetGear, Inc. (NTGR) Stock After it Is Higher By 18.78% in a Week?

The market has been high on NetGear, Inc. (NTGR) stock recently. NTGR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

NetGear, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NTGR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 NTGR Stock Today?

NetGear, Inc. (NTGR) stock is higher by 4.41% while the S&P 500 is lower by -0.43% as of 1:50 PM on Friday, Oct 27. NTGR is higher by $0.55 from the previous closing price of $12.48 on volume of 334,851 shares. Over the past year the S&P 500 is up 7.54% while NTGR is lower by -39.28%. NTGR lost -$3.71 per share in the over the last 12 months. To screen for more stocks like NetGear, Inc. click here.

More About NetGear, Inc.

Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Business (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price. Click Here to get the full Stock Report for NetGear, Inc. stock.