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GoHealth Inc (GOCO) Stock: What Does the Chart Say Friday?

Friday, May 20, 2022 01:46 PM | InvestorsObserver Analysts

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GoHealth Inc (GOCO) Stock: What Does the Chart Say Friday?

Overall market sentiment has been down on GoHealth Inc (GOCO) stock lately. GOCO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
GoHealth Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GOCO!

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. 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 GOCO Stock Today?

GoHealth Inc (GOCO) stock is trading at $0.59 as of 1:45 PM on Friday, May 20, a decline of -$0.05, or -7.61% from the previous closing price of $0.64. The stock has traded between $0.58 and $0.67 so far today. Volume today is less active than usual. So far 1,205,976 shares have traded compared to average volume of 2,577,405 shares.

More About GoHealth Inc

GoHealth Inc is a health insurance marketplace in America. Its technology platform leverages modern machine-learning algorithms and helps individuals find the best health insurance plan for their specific needs. The company operates in four segments: Medicare-Internal; Medicare-External, IFP and Other-Internal; and IFP and Other-External. The Medicare segments sales Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans. Click Here to get the full Stock Report for GoHealth Inc stock.

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