Should You Buy Riskified Ltd (RSKD) Stock on Monday?

Overall market sentiment has been down on Riskified Ltd (RSKD) stock lately. RSKD receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Riskified Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RSKD!

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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. 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 RSKD Stock Today?

Riskified Ltd (RSKD) stock is trading at $3.63 as of 12:29 PM on Monday, Oct 3, a loss of -$0.30, or -7.63% from the previous closing price of $3.93. The stock has traded between $3.43 and $3.90 so far today. Volume today is above average. So far 408,785 shares have traded compared to average volume of 270,706 shares.

More About Riskified Ltd

Riskified Ltd has built a next-generation eCommerce risk management platform that allows online merchants to create trusted relationships with their consumers. It primarily generates revenue by granting merchants access to its eCommerce risk management platform and reviewing and approving eCommerce transactions for legitimacy. Click Here to get the full Stock Report for Riskified Ltd stock.