Vornado Realty Trust (VNO) Stock: What Does the Chart Say Thursday?

Overall market sentiment has been down on Vornado Realty Trust (VNO) stock lately. VNO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Vornado Realty Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on VNO!

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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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With VNO Stock Today?

Vornado Realty Trust (VNO) stock is trading at $28.57 as of 12:08 PM on Thursday, Mar 28, a rise of $1.09, or 3.97% from the previous closing price of $27.48. The stock has traded between $27.90 and $28.73 so far today. Volume today is light. So far 541,969 shares have traded compared to average volume of 1,994,503 shares. To screen for more stocks like Vornado Realty Trust click here.

More About Vornado Realty Trust

Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust. Click Here to get the full Stock Report for Vornado Realty Trust stock.