Where Will Newell Brands Inc (NWL) Stock Go Next After It Is Lower By 7.98% in a Week?

Overall market sentiment has been down on Newell Brands Inc (NWL) stock lately. NWL receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Newell Brands Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NWL!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 NWL Stock Today?

Newell Brands Inc (NWL) stock is trading at $6.80 as of 2:06 PM on Thursday, Nov 2, a rise of $0.18, or 2.64% from the previous closing price of $6.62. The stock has traded between $6.69 and $6.88 so far today. Volume today is low. So far 2,762,377 shares have traded compared to average volume of 5,791,668 shares. To screen for more stocks like Newell Brands Inc click here.

More About Newell Brands Inc

Newell Brands Inc is an American global consumer goods company. The business activities of the group function through five segments namely, Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, Outdoor and Recreation. Learning and Development segment generates most of the revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products and labeling solutions. Click Here to get the full Stock Report for Newell Brands Inc stock.