Overall market sentiment has been neutral on Corcept Therapeutics Incorporated (CORT) stock lately. CORT receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Corcept Therapeutics Incorporated has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CORT!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 CORT Stock Today?
Corcept Therapeutics Incorporated (CORT) stock is trading at $24.32 as of 12:27 PM on Monday, Mar 25, a decline of -$0.18, or -0.73% from the previous closing price of $24.50. The stock has traded between $24.14 and $24.83 so far today. Volume today is light. So far 178,388 shares have traded compared to average volume of 1,114,736 shares.
To see InvestorsObserver's Sentiment Score for Corcept Therapeutics Incorporated click here.
