Overall market sentiment has been down on ESS Tech Inc (GWH) stock lately. GWH receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
ESS Tech Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GWH!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With GWH Stock Today?
ESS Tech Inc (GWH) stock has gained 13.73% while the S&P 500 is lower by -0.2% as of 1:06 PM on Monday, Mar 25. GWH has gained $0.08 from the previous closing price of $0.62 on volume of 1,455,836 shares. Over the past year the S&P 500 has risen 31.33% while GWH is lower by -33.96%. GWH lost -$0.48 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for ESS Tech Inc click here.
