What is the Market's View on Rigetti Computing Inc (RGTI) Stock's Price and Volume Trends Monday?

The market has been high on Rigetti Computing Inc (RGTI) stock recently. RGTI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Rigetti Computing Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RGTI!

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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. 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 RGTI Stock Today?

Rigetti Computing Inc (RGTI) stock is trading at $4.79 as of 10:27 AM on Monday, Aug 15, a loss of -$0.05, or -1.03% from the previous closing price of $4.84. The stock has traded between $4.71 and $4.88 so far today. Volume today is less active than usual. So far 77,050 shares have traded compared to average volume of 449,755 shares.

More About Rigetti Computing Inc

Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Click Here to get the full Stock Report for Rigetti Computing Inc stock.