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

American Well Corp (AMWL) stock is lower by 4.22% over the past week and gets a Bearish rating from InvestorsObserver 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!

See Full AMWL Report

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. 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 AMWL Stock Today?

American Well Corp (AMWL) stock is trading at $4.54 as of 9:50 AM on Thursday, Jan 20, an increase of $0.21, or 4.85% from the previous closing price of $4.33. The stock has traded between $4.41 and $4.64 so far today. Volume today is below average. So far 118,175 shares have traded compared to average volume of 3,192,068 shares. To screen for more stocks like American Well Corp click here.

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.