Is Alphatec Holdings Inc (ATEC) a Stock to Watch After Gaining 12.84% This Week?

The market has been high on Alphatec Holdings Inc (ATEC) stock recently. ATEC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Alphatec Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ATEC!

See Full ATEC Report

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 ATEC Stock Today?

Alphatec Holdings Inc (ATEC) stock is trading at $13.01 as of 1:42 PM on Monday, Oct 23, a gain of $0.76, or 6.2% from the previous closing price of $12.25. The stock has traded between $12.14 and $13.11 so far today. Volume today is low. So far 833,137 shares have traded compared to average volume of 1,423,283 shares. To see InvestorsObserver's Sentiment Score for Alphatec Holdings Inc click here.

More About Alphatec Holdings Inc

Alphatec Holdings Inc is a medical technology company focused on the design, development, and advancement of products for the surgical treatment of spinal disorders associated with disease and degeneration, congenital deformities, and trauma. The firm's spine approach technologies include Posterior Cervical Fusion, Anterior Cervical Discectomy and Fusion, Lateral Interbody Fusion, and Posterior Lumbar Interbody Fusion among others. Click Here to get the full Stock Report for Alphatec Holdings Inc stock.