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Where Will Pool Corporation (POOL) Stock Go Next After It Is Down 0.60% in a Week?

Monday, November 13, 2023 03:48 PM | InvestorsObserver Analysts

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Where Will Pool Corporation (POOL) Stock Go Next After It Is Down 0.60% in a Week?

Pool Corporation (POOL) stock is lower by 0.60% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Pool Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on POOL!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 POOL Stock Today?

Pool Corporation (POOL) stock is trading at $328.04 as of 3:39 PM on Monday, Nov 13, a decline of -$2.50, or -0.76% from the previous closing price of $330.54. The stock has traded between $324.62 and $330.42 so far today. Volume today is less active than usual. So far 110,860 shares have traded compared to average volume of 411,093 shares. To screen for more stocks like Pool Corporation click here.

More About Pool Corporation

Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies. Click Here to get the full Stock Report for Pool Corporation stock.

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