Overall market sentiment has been down on United States Cellular Corp (USM) stock lately. USM receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
United States Cellular Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on USM!
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 USM Stock Today?
United States Cellular Corp (USM) stock is trading at $31.28 as of 10:43 AM on Thursday, Oct 28, a gain of $0.13, or 0.42% from the previous closing price of $31.15. Volume today is more active than usual. So far 210,292 shares have traded compared to average volume of 114,248 shares. The stock has traded between $31.21 and $31.64 so far today.
More About United States Cellular Corp
United States Cellular Corp is a US-based wireless telecommunications service provider. It provides service to postpaid and prepaid customers from a variety of demographic segments. The company also offers smartphones, tablets, and other connected devices that are backed by the company's high-speed networks, including a fourth-generation (4G) Long-Term Evolution (LTE) network. It derives revenue in the form of service revenue and equipment revenue, of which a majority of the revenue is derived from the provision of services. All the wireless operating markets of the company are in the United States.
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