Hawaiian Holdings, Inc. (HA) stock has gained 5.39% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 HA Stock Today?
Hawaiian Holdings, Inc. (HA) stock has risen 4.13% while the S&P 500 is lower by -0.46% as of 3:28 PM on Monday, Oct 19. HA is higher by $0.55 from the previous closing price of $13.33 on volume of 1,193,988 shares. Over the past year the S&P 500 has gained 15.34% while HA is lower by -52.90%. HA lost -$2.71 per share in the over the last 12 months.
More About Hawaiian Holdings, Inc.
Hawaiian Holdings Inc provides air transportation for passengers and cargo. Its primary asset is the sole ownership of Hawaiian Airlines. Routes are principally focused on transportation between the Hawaiian Islands, United States, and the South Pacific regions of Asia and Australia. In addition, it operates various charter flights. The company markets through several distribution channels, including its own website, travel agencies, and wholesale distributors. Partnerships have been established with other airlines to accommodate customers, and the company also participates in a frequent-flyer program. Flights in the United States constitute approximately three fourth of total revenue.