Where Will Viant Technology Inc (DSP) Stock Go Next After It Is Down 0.24{38557cf0372cd7f85c91e7e33cff125558f1277b36a8edbab0100de866181896} in a Week?
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Viant Technology Inc (DSP) stock is down 0.24{38557cf0372cd7f85c91e7e33cff125558f1277b36a8edbab0100de866181896} over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock’s trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver‘s Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What’s Happening With DSP Stock Today?
Viant Technology Inc (DSP) stock is trading at $4.13 as of 1:34 PM on Monday, Mar 27, a gain of $0.13, or 3.25{38557cf0372cd7f85c91e7e33cff125558f1277b36a8edbab0100de866181896} from the previous closing price of $4.00. The stock has traded between $4.00 and $4.16 so far today. Volume today is less active than usual. So far 8,015 shares have traded compared to average volume of 63,016 shares.
To see InvestorsObserver’s Sentiment Score for Viant Technology Inc click here.
More About Viant Technology Inc
Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. Through the technology, a marketer can easily buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.
Click Here to get the full Stock Report for Viant Technology Inc stock.
