The market has been high on Advanced Micro Devices, Inc. (AMD) stock recently. AMD gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Advanced Micro Devices, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AMD!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 AMD Stock Today?
Advanced Micro Devices, Inc. (AMD) stock is trading at $104.02 as of 1:53 PM on Friday, Sep 17, a loss of -$2.21, or -2.08% from the previous closing price of $106.22. The stock has traded between $103.95 and $105.98 so far today. Volume today is low. So far 26,434,374 shares have traded compared to average volume of 63,732,058 shares.
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More About Advanced Micro Devices, Inc.
For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies - the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible.
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