What is the Market's View on Taboola.com Ltd (TBLA) Stock's Price and Volume Trends Wednesday?

Overall market sentiment has been high on Taboola.com Ltd (TBLA) stock lately. TBLA receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Taboola.com Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TBLA!

See Full TBLA Report

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 TBLA Stock Today?

Taboola.com Ltd (TBLA) stock is trading at $4.38 as of 1:00 PM on Wednesday, Mar 13, a loss of -$0.12, or -2.78% from the previous closing price of $4.50. The stock has traded between $4.37 and $4.63 so far today. Volume today is elevated. So far 3,391,848 shares have traded compared to average volume of 1,682,884 shares. To screen for more stocks like Taboola.com Ltd click here.

More About Taboola.com Ltd

Taboola.com Ltd is a technology company that powers recommendations across the Open Web with an artificial intelligence-based, algorithmic engine. It partners with websites, devices, and mobile apps, collectively referred to as digital properties, to recommend editorial content and advertisements on the Open Web. Geographically it serves Israel, the United Kingdom, Germany, France, Rest of the world whilst it generates key revenue from the United States. Click Here to get the full Stock Report for Taboola.com Ltd stock.