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.
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 GCP Stock Today?
GCP Applied Technologies Inc (GCP) stock is trading at $31.58 as of 1:22 PM on Friday, Jul 29, a gain of $0.08, or 0.25% from the previous closing price of $31.50. The stock has traded between $31.49 and $31.61 so far today. Volume today is low. So far 87,913 shares have traded compared to average volume of 681,500 shares.
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More About GCP Applied Technologies Inc
GCP Applied Technologies Inc is a provider of construction products and technologies. Its business is spread across two segments. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials. Its Specialty Building Materials segment creates products that protect structures from water, air, vapor, and fire damage. It generates maximum revenue from the Specialty Construction Chemicals segment. Geographically, it derives a majority of revenue from the United States.
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