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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With ATVI Stock Today?
Activision Blizzard, Inc. (ATVI) stock has gained 1.42% while the S&P 500 is down -0.14% as of 1:43 PM on Friday, Oct 22. ATVI has gained $1.12 from the previous closing price of $78.70 on volume of 4,304,381 shares. Over the past year the S&P 500 has risen 32.25% while ATVI is down -2.59%. ATVI earned $3.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.9.
More About Activision Blizzard, Inc.
Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.
Click Here to get the full Stock Report for Activision Blizzard, Inc. stock.
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