Unilever plc (UL) stock is lower by 2.49% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Unilever plc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UL!
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.
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 UL Stock Today?
Unilever plc (UL) stock is trading at $44.21 as of 10:45 AM on Monday, Sep 26, a gain of $0.36, or 0.82% from the previous closing price of $43.85. The stock has traded between $44.09 and $44.38 so far today. Volume today is below average. So far 1,025,516 shares have traded compared to average volume of 2,152,293 shares.
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More About Unilever plc
Unilever is a diversified personal product (42% of 2021 sales by value), home care (20%), and packaged food (38%) company. Its brands include Knorr soups and sauces, Hellmann's mayonnaise, Lipton teas, Axe and Dove skin products, and the TRESemme haircare brand. The firm has been acquisitive in recent years; high-profile purchases include the mail-order men's grooming business Dollar Shave Club and Seventh Generation cleaning and personal-care products.
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