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Is Accelerate Diagnostics Inc (AXDX) Stock About to Get Hot Thursday?

Thursday, June 30, 2022 11:20 AM | InvestorsObserver Analysts
Is Accelerate Diagnostics Inc (AXDX) Stock About to Get Hot Thursday?

Accelerate Diagnostics Inc (AXDX) stock is lower by 17.24% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Accelerate Diagnostics Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AXDX!

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. 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 higher by 10.94% while the S&P 500 is down -1.13% as of 11:18 AM on Thursday, Jun 30. AXDX has risen $0.09 from the previous closing price of $0.86 on volume of 146,442 shares. Over the past year the S&P 500 is lower by -12.03% while AXDX is down -88.56%. AXDX lost -$1.06 per share in the over the last 12 months. To screen for more stocks like 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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