Overall market sentiment has been down on American Well Corp (AMWL) stock lately. AMWL receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
American Well Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AMWL!
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.
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