What is the Market's View on Foot Locker Inc (FL) Stock's Price and Volume Trends Tuesday?

Foot Locker Inc (FL) stock has fallen 0.97% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With FL Stock Today?

Foot Locker Inc (FL) stock is trading at $40.84 as of 2:50 PM on Tuesday, Apr 25, a drop of -$1.06, or -2.53% from the previous closing price of $41.90. The stock has traded between $40.62 and $41.66 so far today. Volume today is below average. So far 605,811 shares have traded compared to average volume of 3,239,597 shares. To screen for more stocks like Foot Locker Inc click here.

More About Foot Locker Inc

Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score. Click Here to get the full Stock Report for Foot Locker Inc stock.