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Studio City International Holdings Ltd (MSC) Stock: What Does the Chart Say Monday?

Monday, June 06, 2022 12:54 PM | InvestorsObserver Analysts

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Studio City International Holdings Ltd (MSC) Stock: What Does the Chart Say Monday?

Studio City International Holdings Ltd (MSC) stock is up 16.96% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,neutral
Studio City International Holdings Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on MSC!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 MSC Stock Today?

Studio City International Holdings Ltd (MSC) stock is trading at $2.62 as of 12:46 PM on Monday, Jun 6, a gain of $0.08, or 3.15% from the previous closing price of $2.54. The stock has traded between $2.41 and $2.78 so far today. Volume today is less active than usual. So far 44,572 shares have traded compared to average volume of 141,657 shares. To see InvestorsObserver's Sentiment Score for Studio City International Holdings Ltd click here.

More About Studio City International Holdings Ltd

Studio City International Holdings Ltd is a world-class gaming, retail and entertainment resort located in Cotai, Macau. It operates Studio City Casino with around 250 mass-market gaming tables; approximately 970 gaming machines; and 45 VIP rolling chip tables. In addition, it offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a Warner Bros themed family entertainment center, a 4-D Batman flight simulator, an exclusive night club, and live performance arena. Geographically, the company derives the majority of revenue from Macau region. Click Here to get the full Stock Report for Studio City International Holdings Ltd stock.

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