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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With AXDX Stock Today?
Accelerate Diagnostics Inc (AXDX) stock is trading at $5.09 as of 9:32 AM on Friday, Nov 24, a gain of $0.45, or 9.7% from the previous closing price of $4.64. The stock has traded between $4.50 and $5.09 so far today. Volume today is below average. So far 7,287 shares have traded compared to average volume of 15,160 shares.
To see InvestorsObserver's Sentiment Score for Accelerate Diagnostics Inc click here.
More About Accelerate Diagnostics Inc
Accelerate Diagnostics Inc is an in vitro diagnostics company that specializes in rapid diagnostics for infectious pathogens. The firm's core platform, the Accelerate ID/AST System, determines whether live bacterial or fungal cells in a patient sample are susceptible to a particular antibiotic. This test is performed on pathogens that are commonly associated with serious infections and can deliver results more quickly than traditional methods, such as bacterial culturing. The system can analyze a positive blood culture sample in approximately five hours, which is faster than traditional testing techniques.
Click Here to get the full Stock Report for Accelerate Diagnostics Inc stock.
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