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How Will the Market React to Guardforce AI Co Ltd (GFAI) Stock Getting a Bearish Rating

Thursday, April 06, 2023 10:03 AM | InvestorsObserver Analysts

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How Will the Market React to Guardforce AI Co Ltd (GFAI) Stock Getting a Bearish Rating

Guardforce AI Co Ltd (GFAI) stock has gained 167.01% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Guardforce AI Co Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GFAI!

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. 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 GFAI Stock Today?

Guardforce AI Co Ltd (GFAI) stock is trading at $12.95 as of 10:03 AM on Thursday, Apr 6, a gain of $4.06, or 45.69% from the previous closing price of $8.89. The stock has traded between $8.90 and $13.60 so far today. Volume today is elevated. So far 2,817,984 shares have traded compared to average volume of 1,767,719 shares. To screen for more stocks like Guardforce AI Co Ltd click here.

More About Guardforce AI Co Ltd

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin manufacturing mints, and government authorities. Click Here to get the full Stock Report for Guardforce AI Co Ltd stock.

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