The market has been high on GW Pharmaceuticals PLC- ADR (GWPH) stock recently. GWPH gets a Bullish score from InvestorsObserver's Stock 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 GWPH Stock Today?
GW Pharmaceuticals PLC- ADR (GWPH) stock is down -1.84% while the S&P 500 has risen 3.06% as of 1:18 PM on Wednesday, Apr 15. GWPH has fallen -$1.82 from the previous closing price of $98.82 on volume of 188,722 shares. Over the past year the S&P 500 has fallen -2.05% while GWPH has fallen -40.99%. GWPH lost -$0.29 per share in the over the last 12 months.