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.
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 NARI Stock Today?
Inari Medical Inc (NARI) stock has risen 5.78% while the S&P 500 is lower by -0.04% as of 11:29 AM on Monday, Nov 13. NARI is higher by $3.08 from the previous closing price of $53.27 on volume of 562,453 shares. Over the past year the S&P 500 has gained 11.53% while NARI is lower by -29.06%. NARI lost -$0.06 per share in the over the last 12 months.
To screen for more stocks like Inari Medical Inc click here.
More About Inari Medical Inc
Inari Medical Inc is a medical device company focused on developing products to treat patients suffering from venous diseases. Its product portfolio includes ClotTriever, for the removal of the clot from peripheral blood vessels and treats patients suffering from deep vein thrombosis. The FlowTreiver product is used for the treatment of pulmonary embolism. Geographically, the company has its presence across the United States.
Click Here to get the full Stock Report for Inari Medical Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
