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Where Will Pagerduty Inc (PD) Stock Go Next After It Is Higher By 8.77% in a Week?

Wednesday, December 08, 2021 10:08 AM | InvestorsObserver Analysts
Where Will Pagerduty Inc (PD) Stock Go Next After It Is Higher By 8.77% in a Week?

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

Sentiment Score - ,bullish
Pagerduty Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PD!

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 PD Stock Today?

Pagerduty Inc (PD) stock is trading at $34.96 as of 10:04 AM on Wednesday, Dec 8, a rise of $1.47, or 4.39% from the previous closing price of $33.49. The stock has traded between $33.87 and $36.62 so far today. Volume today is 949,903 compared to average volume of 987,445.

More About Pagerduty Inc

PagerDuty Inc is a software company that offers on-call management. Its platform harnesses digital signals from virtually any software-enabled system or device, combines it with human response data, and orchestrates teams to take the right actions in real-time. The product offerings of the company include Analytics, Visibility, Event Intelligence, and Modern Incident Response among others. Click Here to get the full Stock Report for Pagerduty Inc stock.

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