What is the market’s view on the price and volume trends for Flex Ltd (FLEX) stock on Wednesday?
The market recently fell on shares of Flex Ltd (FLEX). FLEX gets a bearish score of InvestorsObserver Stock market sentiment indicator.
What is stock market sentiment?
In investing, sentiment generally means whether or not a given security is in favor of investors. It is usually a short-term metric that relies entirely on technical analysis. This means that it incorporates nothing to do with the health or profitability of the underlying business. Sentiment is what investors, or the market, think of a stock. There are many ways to measure sentiment. Basically, the sentiment is quite easy to understand. If a stock is rising, investors should be bullish, while if it is falling, sentiment is bearish.
InvestorsObserverThe sentiment indicator looks at price trends over the past week and also takes volume changes into account. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is coming to an end. For stocks that have options, our system also takes into account the balance between calls, which are often bets that the price will go up, and puts, which are often bets that the price will go down.
What’s going on with FLEX Stock today?
Flex Ltd (FLEX) stock is trading at $15.69 at 3:37 p.m. on Wednesday, July 27, a gain of $0.49, or 3.23% from the previous closing price of $15.20 . The stock has traded between $15.19 and $15.74 so far today. The volume today is 3,119,863 compared to an average volume of 3,290,059.
Find out more about Flex Ltd.
Flex Ltd is a contract manufacturing company that provides comprehensive electronic product design, manufacturing and management services to global electronics and technology companies. The Company’s operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS) and Nextracker. The Flex Agility Solutions segment includes markets such as communications, enterprise and cloud; Way of life; and Consumer Devices. The Flex Reliability Solutions segment includes markets such as automotive, healthcare solutions and industrial. The Nextracker segment provides solar tracking technologies that optimize and increase energy production. The Company’s geographical segments include China, Mexico, United States, Brazil, Malaysia, Hungary and Others. Click here for the full stock report for Flex Ltd shares.
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