At Home Group Inc (HOME) stock has risen 42.24% 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.
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 HOME Stock Today?
At Home Group Inc (HOME) stock is trading at $8.89 as of 2:42 PM on Wednesday, Jul 22, an increase of $2.02, or 29.31% from the previous closing price of $6.88. The stock has traded between $6.91 and $9.15 so far today. Volume today is more active than usual. So far 10,885,992 shares have traded compared to average volume of 2,927,321 shares.
To see InvestorsObserver's Sentiment Score for At Home Group Inc click here.
More About At Home Group Inc
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
