All Stock Cards and ETF Cards include a market sentiment indicator. It is a mix of technical analyses that shows whether the stock price is trending up or down. It's always located on the top-right corner of the Stock Card or ETF Card. See the image below as an example.
Sentiment Indicator's Color Coding
There are three possible momentum scenarios:
Green: If a stock has an upward momentum, people are excited and bullish about it, and it tends to get overbought. In this case, the sentiment indicator's color on Stock Card turns green.
Red: If a stock has a downward momentum, people get bearish or pessimistic about it and get oversold. If that's the case, the sentiment indicator's color on Stock Card turns red.
Yellow: Sometimes, there is a mix of bullish and bearish sentiment; some technical indicators show positive sentiment, and others show negative. In those cases, the market's sentiment about the stock is unclear. In this scenario, the color on Stock Card turns yellow.
IMPORTANT: Please note that this is quite important: Momentum can turn anytime. There is no guarantee that the stock that is moving upward will continue to do so. If it was guaranteed, everybody could have predicted the market. We know that's not true; therefore, making decisions only based on the momentum and bullish or pessimistic sentiment of the market is not a good idea.
How to Screen Stocks Using Sentiment
Use the sentiment filters when you use screeners to find "bullish: positive momentum" or "bearish: negative momentum" stocks. Again, the image below is an example.
