Do Traders Think Hour Loop Inc (HOUR) Can Keep Climbing Tuesday?

Hour Loop Inc (HOUR) stock is up 1.52% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With HOUR Stock Today?

Hour Loop Inc (HOUR) stock has fallen -12.98% while the S&P 500 has gained 0.23% as of 9:43 AM on Tuesday, Mar 26. HOUR has fallen -$0.20 from the previous closing price of $1.54 on volume of 2,325 shares. Over the past year the S&P 500 is up 31.50% while HOUR has fallen -38.81%. HOUR lost -$0.08 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Hour Loop Inc click here.

More About Hour Loop Inc

Hour Loop Inc is an online retailer engaged in e-commerce retailing in the U.S. market. The product categories include home and garden decor, toys, kitchenware, apparels, and electronics. The company has only one segment, which is online retail (e-commerce). Click Here to get the full Stock Report for Hour Loop Inc stock.