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 GATO Stock Today?
Gatos Silver Inc (GATO) stock is trading at $12.62 as of 10:33 AM on Thursday, Nov 4, a rise of $0.20, or 1.61% from the previous closing price of $12.42. The stock has traded between $12.50 and $12.90 so far today. Volume today is light. So far 147,115 shares have traded compared to average volume of 662,032 shares.
To see InvestorsObserver's Sentiment Score for Gatos Silver Inc click here.
More About Gatos Silver Inc
Gatos Silver, Inc. is a U.S.-based silver company focused on high-grade, large silver deposits in geopolitically stable jurisdictions. The company's flagship asset is the Los Gatos District, including the Cerro Los Gatos Mine in Chihuahua, Mexico.
Click Here to get the full Stock Report for Gatos Silver Inc stock.
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