Where Will Simpson Manufacturing Co, Inc. (SSD) Stock Go Next After It Is Higher By 9.45% in a Week?

The market has been high on Simpson Manufacturing Co, Inc. (SSD) stock recently. SSD gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Simpson Manufacturing Co, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SSD!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 SSD Stock Today?

Simpson Manufacturing Co, Inc. (SSD) stock is trading at $128.07 as of 11:35 AM on Wednesday, Dec 8, a loss of -$2.55, or -1.95% from the previous closing price of $130.62. The stock has traded between $128.06 and $131.06 so far today. Volume today is below average. So far 58,934 shares have traded compared to average volume of 175,711 shares. To screen for more stocks like Simpson Manufacturing Co, Inc. click here.

More About Simpson Manufacturing Co, Inc.

Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States. Click Here to get the full Stock Report for Simpson Manufacturing Co, Inc. stock.