Do Traders Think Semileds Corp (LEDS) Can Turn Around Monday?

Overall market sentiment has been down on Semileds Corp (LEDS) stock lately. LEDS receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Semileds Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LEDS!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LEDS Stock Today?

Semileds Corp (LEDS) stock has gained 2.93% while the S&P 500 has fallen -0.15% as of 9:44 AM on Monday, Apr 17. LEDS has gained $0.06 from the previous closing price of $2.05 on volume of 2,232 shares. Over the past year the S&P 500 is lower by -5.92% while LEDS has fallen -33.44%. LEDS lost -$0.67 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Semileds Corp click here.

More About Semileds Corp

SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from the United States. Click Here to get the full Stock Report for Semileds Corp stock.