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TPI Composites Inc (TPIC) Stock: What Does the Chart Say Friday?

Friday, December 16, 2022 12:33 PM | InvestorsObserver Analysts

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TPI Composites Inc (TPIC) Stock: What Does the Chart Say Friday?

Overall market sentiment has been high on TPI Composites Inc (TPIC) stock lately. TPIC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
TPI Composites Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TPIC!

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TPIC Stock Today?

TPI Composites Inc (TPIC) stock is trading at $10.41 as of 12:29 PM on Friday, Dec 16, a loss of -$0.72, or -6.47% from the previous closing price of $11.13. The stock has traded between $9.96 and $10.98 so far today. Volume today is light. So far 455,140 shares have traded compared to average volume of 674,255 shares.

More About TPI Composites Inc

TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue. Click Here to get the full Stock Report for TPI Composites Inc stock.

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