The market has been high on VMware, Inc. (VMW) stock recently. VMW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
VMware, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VMW!
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 VMW Stock Today?
VMware, Inc. (VMW) stock is trading at $124.98 as of 1:42 PM on Tuesday, Jan 18, a decline of -$0.12, or -0.1% from the previous closing price of $125.10. Volume today is less active than usual. So far 1,091,404 shares have traded compared to average volume of 2,251,571 shares. The stock has traded between $124.00 and $126.96 so far today.
More About VMware, Inc.
VMware is an industry leader in virtualizing IT infrastructure and became a stand-alone entity after spinning off from Dell Technologies in November 2021. The software provider operates in the three segments: licenses; subscriptions and software as a service; and services. VMware's solutions are used across IT infrastructure, application development, and cybersecurity teams, and the company takes a neutral approach to being the cohesion between cloud environments. The Palo Alto, California, firm operates and sells on a global scale, with about half its revenue from the United States, through direct sales, distributors, and partnerships.
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