Spire Global Inc (SPIR) Stock: What Does the Chart Say Thursday?

Spire Global Inc (SPIR) stock has fallen 10.88% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Spire Global Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SPIR!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 SPIR Stock Today?

Spire Global Inc (SPIR) stock is trading at $1.31 as of 11:48 AM on Thursday, Nov 17, a decline of -$0.15, or -10% from the previous closing price of $1.45. The stock has traded between $1.25 and $1.36 so far today. Volume today is 313,906 compared to average volume of 400,635. To see InvestorsObserver's Sentiment Score for Spire Global Inc click here.

More About Spire Global Inc

Spire Global Inc is a provider of space-based data, analytics, and space services, offering access to datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. The company uses multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Click Here to get the full Stock Report for Spire Global Inc stock.