What is the Market's View on Atkore Inc (ATKR) Stock's Price and Volume Trends Tuesday?

Atkore Inc (ATKR) stock is higher by 7.27% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Atkore Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ATKR!

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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. 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 ATKR Stock Today?

Atkore Inc (ATKR) stock is trading at $130.30 as of 12:45 PM on Tuesday, Jun 6, a gain of $4.03, or 3.19% from the previous closing price of $126.27. The stock has traded between $125.84 and $131.74 so far today. Volume today is below average. So far 160,283 shares have traded compared to average volume of 502,548 shares. To see InvestorsObserver's Sentiment Score for Atkore Inc click here.

More About Atkore Inc

Atkore is a diversified industrials company and a leading manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets. Click Here to get the full Stock Report for Atkore Inc stock.