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. 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.
Overall market sentiment has been neutral on Asia Pacific Wire & Cable CorporationLtd (APWC) stock lately. APWC receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Asia Pacific Wire & Cable CorporationLtd (APWC) stock is trading at $1.49 as of 1:26 PM on Thursday, Sep 1, a decline of -$0.09, or -5.7% from the previous closing price of $1.58. The stock has traded between $1.48 and $1.50 so far today. Volume today is below average. So far 5,126 shares have traded compared to average volume of 49,444 shares.