What is the Market's View on Infosys Ltd ADR (INFY) Stock's Price and Volume Trends Tuesday?

Overall market sentiment has been high on Infosys Ltd ADR (INFY) stock lately. INFY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Infosys Ltd ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INFY!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 INFY Stock Today?

Infosys Ltd ADR (INFY) stock is trading at $18.68 as of 9:41 AM on Tuesday, Jan 17, a gain of $0.16, or 0.84% from the previous closing price of $18.52. The stock has traded between $18.62 and $18.72 so far today. Volume today is below average. So far 12,821 shares have traded compared to average volume of 8,278,572 shares. To see InvestorsObserver's Sentiment Score for Infosys Ltd ADR click here.

More About Infosys Ltd ADR

Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bangalore, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service (BPaaS). Click Here to get the full Stock Report for Infosys Ltd ADR stock.