How Will the Market React to Herbalife Ltd (HLF) Stock Getting a Bullish Rating

Monday, July 24, 2023 03:19 PM | InvestorsObserver Analysts

Mentioned in this article

Herbalife Ltd (HLF) stock has risen 20.35% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Herbalife Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HLF!

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. 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 HLF Stock Today?

Herbalife Ltd (HLF) stock is trading at $15.73 as of 3:03 PM on Monday, Jul 24, a gain of $0.91, or 6.18% from the previous closing price of $14.82. The stock has traded between $14.78 and $15.75 so far today. Volume today is 1,365,886 compared to average volume of 1,306,248. To screen for more stocks like Herbalife Ltd click here.

More About Herbalife Ltd

Herbalife Nutrition Ltd is an international nutrition company. The company has five revenue segments: weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature, promotional, and other. The most important segment, weight management, contributing more than 50% of revenue, has as representative products protein drinks, powder, and bars, and herbal tea concentrates, among others. The targeted nutrition segment offers dietary and nutritional supplements rich in herbs, minerals, and vitamins. Energy, sports, and fitness offers energy drinks, while outer nutrition offers facial skin-care, body-care, and hair-care products. Geographically, the main segments are North America, Mexico, South and Central America, EMEA, Asia-Pacific, and China. Click Here to get the full Stock Report for Herbalife Ltd stock.

Share this article: