Guardion Health Sciences Inc (GHSI) stock has risen 31.43% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Guardion Health Sciences Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GHSI!
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 GHSI Stock Today?
Guardion Health Sciences Inc (GHSI) stock is trading at $1.38 as of 1:50 PM on Wednesday, Oct 27, a gain of $0.20, or 16.94% from the previous closing price of $1.18. Volume today is high. So far 79,219,467 shares have traded compared to average volume of 922,517 shares. The stock has traded between $1.27 and $1.98 so far today.
To see InvestorsObserver's Sentiment Score for Guardion Health Sciences Inc click here.
More About Guardion Health Sciences Inc
Guardion Health Sciences Inc is a specialty health sciences company formed to develop, formulate and distribute condition-specific medical foods with an initial medical food product.
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