Community Health Systems Inc (CYH) Stock: What Does the Chart Say Thursday?

Community Health Systems Inc (CYH) stock is down 2.94% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Community Health Systems Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CYH!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 CYH Stock Today?

Community Health Systems Inc (CYH) stock is trading at $2.31 as of 10:57 AM on Thursday, Nov 2, an increase of $0.23, or 11.08% from the previous closing price of $2.08. The stock has traded between $2.26 and $2.46 so far today. Volume today is 1,579,478 compared to average volume of 1,495,345.

More About Community Health Systems Inc

Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services. Click Here to get the full Stock Report for Community Health Systems Inc stock.