InvestorsObserver
×
News Home

Is American Well Corp (AMWL) Stock About to Get Hot Monday?

Monday, April 18, 2022 10:47 AM | InvestorsObserver Analysts

Mentioned in this article

Is American Well Corp (AMWL) Stock About to Get Hot Monday?

Overall market sentiment has been down on American Well Corp (AMWL) stock lately. AMWL receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
American Well Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AMWL!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With AMWL Stock Today?

American Well Corp (AMWL) stock is down -3.45% while the S&P 500 is higher by 0.24% as of 10:33 AM on Monday, Apr 18. AMWL has fallen -$0.13 from the previous closing price of $3.77 on volume of 387,863 shares. Over the past year the S&P 500 has risen 5.76% while AMWL has fallen -78.35%. AMWL lost -$0.69 per share in the over the last 12 months.

More About American Well Corp

American Well Corp is a telehealth company enabling digital delivery of care for its customers. Its platform, Amwell, enables care delivery across the full healthcare continuum - from primary and urgent care in the home to high acuity specialty consults, such as telestroke and telepsychiatry, in the hospital. It provides both on-demand and scheduled consultations. Click Here to get the full Stock Report for American Well Corp stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App