How Will the Market React to Tyler Technologies, Inc. (TYL) Stock Getting a Bearish Rating – InvestorsObserver
The market has been down on Tyler Technologies, Inc. (TYL) stock recently. TYL gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 TYL Stock Today?
Tyler Technologies, Inc. (TYL) stock is trading at $315.63 as of 3:39 PM on Wednesday, Dec 28, a loss of -$5.58, or -1.74% from the previous closing price of $321.21. The stock has traded between $315.51 and $323.19 so far today. Volume today is less active than usual. So far 71,143 shares have traded compared to average volume of 301,954 shares.
More About Tyler Technologies, Inc.
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company’s three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services. Click Here to get the full Stock Report for Tyler Technologies, Inc. stock.
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