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.
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 AZUL Stock Today?
Azul SA (AZUL) stock has fallen -2.97% while the S&P 500 is up 0.91% as of 2:58 PM on Wednesday, Feb 1. AZUL is lower by -$0.21 from the previous closing price of $7.06 on volume of 1,862,696 shares. Over the past year the S&P 500 is lower by -8.90% while AZUL is lower by -58.64%. AZUL lost -$3.98 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Azul SA click here.
More About Azul SA
Azul SA is primarily involved in air transportation services. The company offers airline passenger and cargo services. It operates daily flights departing from Fort Lauderdale and Orlando also it schedules flights more than 100 destinations through Brazil. The main assets generating revenue of the group are its aircraft, from which revenue is generated in Brazil. Other revenues are basically derived from cargo operations, interest on installment sales, luggage fares, excess luggage, penalties for cancellation of tickets, and all items are directly attributed to air transport services.
Click Here to get the full Stock Report for Azul SA stock.
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