What is the Market's View on Spire Global Ord Shs Class A (SPIR) Stock's Price and Volume Trends Thursday?

The market has been down on Spire Global Ord Shs Class A (SPIR) stock recently. SPIR gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Spire Global Ord Shs Class A has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SPIR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 SPIR Stock Today?

Spire Global Ord Shs Class A (SPIR) stock is trading at $4.67 as of 10:40 AM on Thursday, Aug 31, a gain of $4.11, or 726.55% from the previous closing price of $0.56. The stock has traded between $4.34 and $4.70 so far today. Volume today is below average. So far 115,385 shares have traded compared to average volume of 968,670 shares. To screen for more stocks like Spire Global Ord Shs Class A click here.

More About Spire Global Ord Shs Class A

Spire Global Inc is a provider of space-based data, analytics, and space services, offering access to datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. The company uses multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Click Here to get the full Stock Report for Spire Global Ord Shs Class A stock.