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Where Will Cloudflare Inc (NET) Stock Go Next After It Is Up 3.37% in a Week?

Friday, September 17, 2021 01:42 PM | InvestorsObserver Analysts

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Where Will Cloudflare Inc (NET) Stock Go Next After It Is Up 3.37% in a Week?

Cloudflare Inc (NET) stock has risen 3.37% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Cloudflare Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NET!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 NET Stock Today?

Cloudflare Inc (NET) stock is trading at $131.77 as of 1:30 PM on Friday, Sep 17, a decline of -$1.80, or -1.35% from the previous closing price of $133.57. The stock has traded between $130.51 and $134.54 so far today. Volume today is low. So far 1,049,629 shares have traded compared to average volume of 3,012,515 shares.

More About Cloudflare Inc

Cloudflare Inc is a United States-based company engaged in the software business. It has built a cloud platform that delivers a range of network services to businesses. The product offerings of the company include Argo Smart Routing, Load Balancing, Web Optimizations, Mobile Software Development Kit, Cloudflare Access, and Cloudflare Spectrum among others. Click Here to get the full Stock Report for Cloudflare Inc stock.

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