Where Will Gold Fields Limited (GFI) Stock Go Next After It Is Up 13.31% in a Week?

Gold Fields Limited (GFI) stock is up 13.31% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Gold Fields Limited has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GFI!

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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. 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 GFI Stock Today?

Gold Fields Limited (GFI) stock is trading at $10.81 as of 11:00 AM on Tuesday, Nov 16, a rise of $0.05, or 0.46% from the previous closing price of $10.76. Volume today is 3,811,290 compared to average volume of 4,446,383. The stock has traded between $10.79 and $11.11 so far today.

More About Gold Fields Limited

Gold Fields Ltd is a globally diversified gold miner and producer with eight operating mines in Australia, Ghana, Peru, and South Africa. The majority of group revenue is generated in the Australian mines, largely the St Ives and Granny Smith sites, with Ghana the second- largest contributor of revenue. The company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing, and smelting. In Peru, the company also produces copper, and it has other precious metal exploration interests in Africa, Eurasia, Australasia, and the Americas. Click Here to get the full Stock Report for Gold Fields Limited stock.