Overall market sentiment has been high on Mongodb Inc (MDB) stock lately. MDB receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With MDB Stock Today?
Mongodb Inc (MDB) stock is trading at $295.94 as of 12:01 PM on Friday, May 28, a rise of $4.30, or 1.47% from the previous closing price of $291.64. The stock has traded between $291.26 and $298.31 so far today. Volume today is below average. So far 122,302 shares have traded compared to average volume of 640,134 shares.
To see InvestorsObserver's Sentiment Score for Mongodb Inc click here.
More About Mongodb Inc
Founded in 2007, MongoDB is a document-oriented database with nearly 25,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Click Here to get the full Stock Score Report on Mongodb Inc (MDB) Stock.
