How Will the Market React to Accelerate Diagnostics Inc (AXDX) Stock Getting a Bullish Rating

Accelerate Diagnostics Inc (AXDX) stock is up 16.48% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Accelerate Diagnostics Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AXDX!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 AXDX Stock Today?

Accelerate Diagnostics Inc (AXDX) stock has gained 2.91% while the S&P 500 has fallen -0.8% as of 10:16 AM on Tuesday, Mar 5. AXDX is up $0.03 from the previous closing price of $1.03 on volume of 14,760 shares. Over the past year the S&P 500 is up 25.72% while AXDX has fallen -78.63%. AXDX lost -$6.12 per share in the over the last 12 months. 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.