Should You Buy Trinseo PLC (TSE) Stock on Monday?

The market has been high on Trinseo PLC (TSE) stock recently. TSE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Trinseo PLC has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TSE!

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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. 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 TSE Stock Today?

Trinseo PLC (TSE) stock is lower by -3.02% while the S&P 500 has risen 0.07% as of 12:32 PM on Monday, Nov 6. TSE is lower by -$0.20 from the previous closing price of $6.63 on volume of 219,595 shares. Over the past year the S&P 500 is higher by 14.57% while TSE is lower by -73.62%. TSE lost -$25.24 per share in the over the last 12 months.

More About Trinseo PLC

Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market. Click Here to get the full Stock Report for Trinseo PLC stock.