How Will the Market React to Bank of Hawaii Corp (BOH) Stock Getting a Bullish Rating

Overall market sentiment has been high on Bank of Hawaii Corp (BOH) stock lately. BOH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Bank of Hawaii Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BOH!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 BOH Stock Today?

Bank of Hawaii Corp (BOH) stock is trading at $56.38 as of 12:07 PM on Friday, Nov 3, a gain of $3.22, or 6.06% from the previous closing price of $53.16. The stock has traded between $54.01 and $56.77 so far today. Volume today is less active than usual. So far 276,719 shares have traded compared to average volume of 454,437 shares.

More About Bank of Hawaii Corp

Bank of Hawaii Corp provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other. Click Here to get the full Stock Report for Bank of Hawaii Corp stock.