Overall market sentiment has been high on MaxLinear, Inc. (MXL) stock lately. MXL receives a Bullish rating from InvestorsObserver”s 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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What’s Happening With MXL Stock Today?
MaxLinear, Inc. (MXL) stock has gained 9.67% while the S&P 500 is down -0.51% as of 10:09 AM on Monday, Feb 22. MXL has gained $3.71 from the previous closing price of $38.35 on volume of 655,047 shares. Over the past year the S&P 500 is higher by 20.48% while MXL has gained 150.21%. MXL lost -$1.35 per share in the over the last 12 months.
To see the top 5 stocks in the Semiconductors industry click here.
More About MaxLinear, Inc.
MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company’s radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear’s product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company’s products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers.
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