Overall market sentiment has been high on Thunder Bridge Acquisition II Ltd (THBR) stock lately. THBR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 THBR Stock Today?
Thunder Bridge Acquisition II Ltd (THBR) stock has fallen -0.58% while the S&P 500 has gained 0.08% as of 11:42 AM on Wednesday, Jun 9. THBR has fallen -$0.06 from the previous closing price of $10.35 on volume of 891,481 shares. Over the past year the S&P 500 is higher by 30.88% while THBR has gained 3.21%. THBR lost -$14.39 per share in the over the last 12 months.
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More About Thunder Bridge Acquisition II Ltd
Thunder Bridge Acquisition II Ltd is a blank check company.
Click Here to get the full Stock Score Report on Thunder Bridge Acquisition II Ltd (THBR) Stock.
