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 TBLA Stock Today?
Taboola.com Ltd (TBLA) stock is trading at $2.94 as of 3:20 PM on Thursday, Dec 1, a gain of $0.15, or 5.58% from the previous closing price of $2.78. The stock has traded between $2.72 and $3.02 so far today. Volume today is high. So far 7,404,880 shares have traded compared to average volume of 3,657,681 shares.
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More About Taboola.com Ltd
Taboola.com Ltd is a technology company that powers recommendations across the Open Web with an artificial intelligence-based, algorithmic engine. It partners with websites, devices, and mobile apps, collectively referred to as digital properties, to recommend editorial content and advertisements on the Open Web. Geographically it serves Israel, the United Kingdom, Germany, France, Rest of the world whilst it generates key revenue from the United States.
Click Here to get the full Stock Report for Taboola.com Ltd stock.
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