What is the Market's View on SKYX Platforms Corp (SKYX) Stock's Price and Volume Trends Thursday?

The market has been high on SKYX Platforms Corp (SKYX) stock recently. SKYX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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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 SKYX Stock Today?

SKYX Platforms Corp (SKYX) stock is trading at $1.58 as of 2:26 PM on Thursday, Nov 30, a drop of -$0.16, or -9.2% from the previous closing price of $1.74. The stock has traded between $1.55 and $1.73 so far today. Volume today is below average. So far 103,121 shares have traded compared to average volume of 160,529 shares.

More About SKYX Platforms Corp

SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. The company's main technology consists of a weight bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post and is capable of feeding electric power to an appliance. Click Here to get the full Stock Report for SKYX Platforms Corp stock.