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Where Will Credit Suisse Group AG (CS) Stock Go Next After It Has Risen 3.10% in a Week?

Tuesday, May 24, 2022 10:32 AM | InvestorsObserver Analysts

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Where Will Credit Suisse Group AG (CS) Stock Go Next After It Has Risen 3.10% in a Week?

The market has been high on Credit Suisse Group AG (CS) stock recently. CS gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Credit Suisse Group AG has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CS!

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. 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 CS Stock Today?

Credit Suisse Group AG (CS) stock is trading at $6.99 as of 10:30 AM on Tuesday, May 24, a loss of -$0.02, or -0.29% from the previous closing price of $7.01. The stock has traded between $6.94 and $7.06 so far today. Volume today is low. So far 4,066,283 shares have traded compared to average volume of 14,582,082 shares. To screen for more stocks like Credit Suisse Group AG click here.

More About Credit Suisse Group AG

Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific. Click Here to get the full Stock Report for Credit Suisse Group AG stock.

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