Sierra Wireless, Inc. (SWIR) Stock: What Does the Chart Say Friday?

Friday, May 13, 2022 10:50 AM | InvestorsObserver Analysts

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Sierra Wireless, Inc. (SWIR) Stock: What Does the Chart Say Friday?

Overall market sentiment has been high on Sierra Wireless, Inc. (SWIR) stock lately. SWIR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sierra Wireless, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SWIR!

See Full SWIR Report

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. 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 SWIR Stock Today?

Sierra Wireless, Inc. (SWIR) stock is trading at $19.06 as of 10:48 AM on Friday, May 13, a rise of $0.27, or 1.44% from the previous closing price of $18.79. The stock has traded between $18.66 and $19.55 so far today. Volume today is 299,833 compared to average volume of 251,403. To screen for more stocks like Sierra Wireless, Inc. click here.

More About Sierra Wireless, Inc.

Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region. Click Here to get the full Stock Report for Sierra Wireless, Inc. stock.