Do Traders Think Aeye Inc (LIDR) Can Keep Climbing Wednesday?

The market has been high on Aeye Inc (LIDR) stock recently. LIDR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Aeye Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LIDR!

See Full LIDR Report

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. 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 LIDR Stock Today?

Aeye Inc (LIDR) stock is trading at $2.42 as of 11:33 AM on Wednesday, Jul 20, a rise of $0.06, or 2.54% from the previous closing price of $2.36. The stock has traded between $2.31 and $2.42 so far today. Volume today is below average. So far 232,020 shares have traded compared to average volume of 1,043,918 shares. To screen for more stocks like Aeye Inc click here.

More About Aeye Inc

AEye Inc is a provider of intelligent, next-generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. Its iDAR (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used by the military to scan the environment, intelligently focusing on what matters, enabling faster, more accurate, and more reliable perception. iDAR is the software configurable LiDAR with integrated deterministic artificial intelligence, delivering industry- leading performance in range, resolution, and speed. Click Here to get the full Stock Report for Aeye Inc stock.