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 AMPL Stock Today?
Amplitude Inc (AMPL) stock is trading at $17.77 as of 2:42 PM on Wednesday, Aug 17, a decline of -$0.42, or -2.28% from the previous closing price of $18.19. The stock has traded between $17.26 and $17.85 so far today. Volume today is low. So far 223,518 shares have traded compared to average volume of 597,801 shares.
To see InvestorsObserver's Sentiment Score for Amplitude Inc click here.
More About Amplitude Inc
Amplitude Inc is pioneering a new category of software called digital optimization. The company's digital optimization system serves as the command center for businesses to connect digital products to business outcomes.
Click Here to get the full Stock Report for Amplitude Inc stock.
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