CHF Solutions Inc (CHFS) Stock: What Does the Chart Say?

Tuesday, August 4, 2020 9:57 AM | InvestorsObserver Analysts

CHF Solutions Inc (CHFS) stock has gained 31.25% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,bullish
CHF Solutions Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CHFS!

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 CHFS Stock Today?

CHF Solutions Inc (CHFS) stock is trading at $1.05 as of 9:56 AM on Tuesday, Aug 4, a gain of $0.05, or 5.41% from the previous closing price of $1.00. The stock has traded between $1.01 and $1.25 so far today. Volume today is high. So far 19,729,578 shares have traded compared to average volume of 13,774,825 shares.

To screen for more stocks like CHF Solutions Inc click here.

More About CHF Solutions Inc

CHF Solutions Inc is a medical device company. It focuses on commercializing the Aquadex FlexFlow System. The Aquadex FlexFlow System is used for temporary and extended ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy and require hospitalization. It is designed to remove excess fluid ( primarily excess salt and water) from patients suffering from fluid overload who have failed diuretic therapy. The company only operating segment being Cardiac and coronary disease products.

Share this article:

Related Companies

Upgrade to Premium and Analyze Stocks Like a Pro

50% Off All Subscriptions
InvestorsObserver Premium
InvestorsObserver Premium
InvestorsObserver Premium
Save up to 65% with annual

InvestorsObserver Premium

$ 20.75 $ 10.38 /month
$249 $124.50 billed annually

You May Also Like

Related Articles

Close Update: Stocks Rally Friday Led by Technology to End Week Mixed

Sector Update: Biotech Stocks Lifting Health Care Sector to Big Advance

Stocks Shrug Off Early Weakness, Poised to Close Sharply Higher

Sector Update: Health Care

Is it Time to Dump Columbia Care Inc (CCHWF) Stock After it Is Down 4.62% in a Week?

Related Companies