Where Will Ingersoll Rand Inc (IR) Stock Go Next After It Has Gained 3.75% in a Week?

The market has been high on Ingersoll Rand Inc (IR) stock recently. IR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Ingersoll Rand Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IR!

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What is Stock Sentiment?

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With IR Stock Today?

Ingersoll Rand Inc (IR) stock is trading at $94.63 as of 1:23 PM on Monday, Mar 25, a loss of -$0.11, or -0.12% from the previous closing price of $94.74. Volume today is below average. So far 878,198 shares have traded compared to average volume of 2,541,967 shares. The stock has traded between $94.39 and $96.17 so far today. To see InvestorsObserver's Sentiment Score for Ingersoll Rand Inc click here.

More About Ingersoll Rand Inc

Ingersoll-Rand, Inc. was formed through the merger of Gardner Denver and Ingersoll-Rand PLC's industrial segment. The firm's portfolio consists of two business lines: industrial technologies & services and precision & science technologies. Ingersoll-Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll-Rand generated roughly $5.2 billion in revenue in 2021. Click Here to get the full Stock Report for Ingersoll Rand Inc stock.