Overall market sentiment has been high on Tata Motors Limited ADR (TTM) stock lately. TTM receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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.
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 TTM Stock Today?
Tata Motors Limited ADR (TTM) stock is down -3.07% while the S&P 500 is unchanged 0% as of 11:09 AM on Monday, Nov 30. TTM is down -$0.38 from the previous closing price of $12.38 on volume of 810,528 shares. Over the past year the S&P 500 is higher by 16.84% while TTM is higher by 6.95%. TTM lost -$5.72 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Tata Motors Limited ADR click here.
More About Tata Motors Limited ADR
Tata Motors owns iconic brands Jaguar and Land Rover, while offering a broad product line of motor vehicles including compact passenger cars, sport utility vehicles, luxury passenger vehicles and large semi trucks. At 45%, it holds the largest market share of commercial vehicles in India. Tata also operates a financial services business, which supports vehicle sales.
Click Here to get the full Stock Score Report on Tata Motors Limited ADR (TTM) Stock.
