Overall market sentiment has been high on Astra Space Inc (ASTR) stock lately. ASTR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Astra Space Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ASTR!
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.
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 ASTR Stock Today?
Astra Space Inc (ASTR) stock is trading at $3.28 as of 10:50 AM on Friday, Feb 25, a loss of -$0.10, or -3.01% from the previous closing price of $3.38. The stock has traded between $3.12 and $3.35 so far today. Volume today is below average. So far 1,147,157 shares have traded compared to average volume of 8,100,612 shares.
To screen for more stocks like Astra Space Inc click here.
