Should You Buy Silvergate Capital Corp (SI) Stock on Wednesday?

Wednesday, September 15, 2021 03:17 PM | InvestorsObserver Analysts

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Should You Buy Silvergate Capital Corp (SI) Stock on Wednesday?

Overall market sentiment has been down on Silvergate Capital Corp (SI) stock lately. SI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Silvergate Capital Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SI!

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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. 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 SI Stock Today?

Silvergate Capital Corp (SI) stock is trading at $108.82 as of 3:10 PM on Wednesday, Sep 15, an increase of $4.40, or 4.21% from the previous closing price of $104.42. The stock has traded between $104.81 and $110.00 so far today. Volume today is light. So far 290,166 shares have traded compared to average volume of 582,784 shares. To screen for more stocks like Silvergate Capital Corp click here.

More About Silvergate Capital Corp

Silvergate Capital Corp is a provider of innovative financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending. Click Here to get the full Stock Report for Silvergate Capital Corp stock.