The market has been high on Realogy Holdings Corp (RLGY) stock recently. RLGY gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 RLGY Stock Today?
Realogy Holdings Corp (RLGY) stock is up 10.41% while the S&P 500 is lower by -3.53% as of 10:11 AM on Thursday, Oct 29. RLGY has gained $1.03 from the previous closing price of $9.89 on volume of 252,388 shares. Over the past year the S&P 500 has gained 7.71% while RLGY has gained 29.08%. RLGY lost -$5.53 per share in the over the last 12 months.
More About Realogy Holdings Corp
Realogy Holdings Corp provides residential real estate services in the United States. Operations are divided into the following segments: real estate franchise services (RFG), company-owned real estate brokerage services (NRT), relocation services (Cartus), and title and settlement services (TRG). NRT generates approximately 75% of Realogy's revenue, with other segments narrowly dividing the remaining portion. Revenue from each segment is derived from fees based upon services performed. Under NRT, operations consist of residential brokerage services through brand names such as Coldwell Banker and Sotheby's. Realogy's relocation services, franchisee and brokerage businesses can be accessed in the United States and internationally.