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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CARS Stock Today?
Cars.com Inc (CARS) stock is trading at $17.22 as of 1:19 PM on Friday, Mar 22, a rise of $0.04, or 0.23% from the previous closing price of $17.18. Volume today is light. So far 152,215 shares have traded compared to average volume of 463,882 shares. The stock has traded between $17.10 and $17.65 so far today.
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More About Cars.com Inc
Cars.com Inc is an online destination for buying and selling new and used vehicles. The company brands include Dealer Inspire, DealerRater, FUEL, Auto.com, PickupTrucks.com, CreditIQ, and NewCars.com., websites directed towards different consumer segments.
Click Here to get the full Stock Report for Cars.com Inc stock.
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