Tata Motors Limited ADR (TTM) stock is lower by 3.43% over the past week and gets a Neutral rating from InvestorsObserver's 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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With TTM Stock Today?
Tata Motors Limited ADR (TTM) stock is trading at $9.01 as of 1:18 PM on Monday, Sep 28, a gain of $0.36, or 4.16% from the previous closing price of $8.65. The stock has traded between $8.96 and $9.09 so far today. Volume today is below average. So far 679,281 shares have traded compared to average volume of 1,664,315 shares.
To see the top 5 stocks in the Auto Manufacturers industry click here.
More About Tata Motors Limited ADR
Tata Motors owns iconic brands Jaguar and Land Rover, while offering a broad product line of motor vehicles including compact passenger cars, sport utility vehicles, luxury passenger vehicles and large semi trucks. At 45%, it holds the largest market share of commercial vehicles in India. Tata also operates a financial services business, which supports vehicle sales.
Click Here to get the full Stock Score Report on Tata Motors Limited ADR (TTM) Stock.
