What is the Market's View on Markforged Holding Corp (MKFG) Stock's Price and Volume Trends Monday?

Markforged Holding Corp (MKFG) stock has gained 26.15% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Markforged Holding Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MKFG!

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What is Stock Sentiment?

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 MKFG Stock Today?

Markforged Holding Corp (MKFG) stock has risen 11.73% while the S&P 500 is lower by -0.25% as of 1:41 PM on Monday, Mar 11. MKFG is up $0.09 from the previous closing price of $0.73 on volume of 452,290 shares. Over the past year the S&P 500 has gained 32.55% while MKFG is lower by -15.46%. MKFG lost -$0.53 per share in the over the last 12 months. To screen for more stocks like Markforged Holding Corp click here.

More About Markforged Holding Corp

Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific. Click Here to get the full Stock Report for Markforged Holding Corp stock.