Zendesk Inc (ZEN) stock has risen 8.81% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 ZEN Stock Today?
Zendesk Inc (ZEN) stock is trading at $153.42 as of 2:20 PM on Tuesday, Jan 12, a gain of $1.16, or 0.76% from the previous closing price of $152.26. The stock has traded between $151.03 and $154.21 so far today. Volume today is light. So far 895,078 shares have traded compared to average volume of 1,357,231 shares.
To see InvestorsObserver's Sentiment Score for Zendesk Inc click here.
More About Zendesk Inc
Founded in 2007, Zendesk provides a portfolio of customer engagement software solutions via single applications or the Sunshine suite. Its software unifies customer communication and data across various channels and business units, and simplifies customer service and engagement across self service, phone, chat, messaging, and email.
Click Here to get the full Stock Score Report on Zendesk Inc (ZEN) Stock.
