Williams-Sonoma, Inc. (WSM) Stock: What Does the Chart Say Tuesday?

The market has been high on Williams-Sonoma, Inc. (WSM) stock recently. WSM gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Williams-Sonoma, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WSM!

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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. 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 WSM Stock Today?

Williams-Sonoma, Inc. (WSM) stock is trading at $184.68 as of 11:38 AM on Tuesday, Nov 28, an increase of $1.22, or 0.66% from the previous closing price of $183.46. The stock has traded between $181.74 and $184.88 so far today. Volume today is low. So far 178,136 shares have traded compared to average volume of 912,458 shares.

More About Williams-Sonoma, Inc.

With a wide retail and direct-to-consumer presence, Williams-Sonoma is a leader in the $300 billion domestic home category, focused on expanding its exposure in the B2B, marketplace, and franchise areas. Namesake Williams-Sonoma (175 stores) offers high-end cooking essentials, while Pottery Barn (188) provides casual home accessories. Brand extensions include Pottery Barn Kids (52) and PBteen. West Elm (121) is an emerging concept for young professionals, and Rejuvenation (9) offers lighting and house parts. Williams-Sonoma also has a business-to-business team that supports projects that range from residential to large-scale commercial. Click Here to get the full Stock Report for Williams-Sonoma, Inc. stock.