What is the Market's View on Upstart Holdings Inc (UPST) Stock's Price and Volume Trends Friday?

The market has been high on Upstart Holdings Inc (UPST) stock recently. UPST gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Upstart Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UPST!

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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 UPST Stock Today?

Upstart Holdings Inc (UPST) stock is trading at $21.13 as of 2:37 PM on Friday, Oct 7, a loss of -$1.45, or -6.44% from the previous closing price of $22.58. The stock has traded between $20.62 and $21.89 so far today. Volume today is light. So far 3,701,914 shares have traded compared to average volume of 6,451,980 shares. To see InvestorsObserver's Sentiment Score for Upstart Holdings Inc click here.

More About Upstart Holdings Inc

Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The revenue of the company is primarily comprised of fees paid by banks. Click Here to get the full Stock Report for Upstart Holdings Inc stock.