Electric Vehicle Stock Alert: Quantumscape Corp (QS) Receives Bullish Sentiment Score

Quantumscape Corp (QS) stock is higher by 1.04% as the Electric Vehicle stock increases $0.07 and outperforms the market Quantumscape Corp (QS) stock is higher by 7.16% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Quantumscape Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on QS!

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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. 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 QS Stock Today?

Quantumscape Corp (QS) stock is trading at $6.29 as of 10:32 AM on Thursday, Mar 28, a rise of $0.07, or 1.04% from the previous closing price of $6.23. The stock has traded between $6.18 and $6.45 so far today. Volume today is below average. So far 2,226,699 shares have traded compared to average volume of 6,345,946 shares.

More About Quantumscape Corp

QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing. Click Here to get the full Stock Report for Quantumscape Corp stock.