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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With RVLV Stock Today?
Revolve Group Inc (RVLV) stock is trading at $20.87 as of 12:02 PM on Monday, Apr 1, a loss of -$0.30, or -1.42% from the previous closing price of $21.17. The stock has traded between $20.59 and $21.32 so far today. Volume today is below average. So far 172,623 shares have traded compared to average volume of 1,283,707 shares.
To see InvestorsObserver's Sentiment Score for Revolve Group Inc click here.
More About Revolve Group Inc
The Revolve Group is an emerging e-commerce retailer selling women dresses handbags shoes beauty products and incidentals across its marketplace properties Revolve and Forward. The platform is built to suit the next generation customer emphasizing mobile commerce influencer marketing and occupying an aspirational but attainable luxury niche. With $891 million in 2021 sales the firm sits outside the top 20 apparel retailers by sales in the U.S. but has consistently generated top-line growth north of 20%-25% as the industry continues to favor digital channels. The firm generates approximately 20% of sales from private-label offerings while focusing on building an inventory of unique products from emerging fashion brands with less than $10 million in annual sales.
Click Here to get the full Stock Report for Revolve Group Inc stock.
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