BJs Wholesale Club Holdings Inc (BJ) stock is down 1.52% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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 BJ Stock Today?
BJs Wholesale Club Holdings Inc (BJ) stock is trading at $45.98 as of 9:51 AM on Thursday, May 13, a gain of $2.49, or 5.73% from the previous closing price of $43.49. The stock has traded between $45.15 and $46.16 so far today. Volume today is less active than usual. So far 106,748 shares have traded compared to average volume of 1,290,922 shares.
More About BJs Wholesale Club Holdings Inc
BJ's Wholesale Club Holdings Inc is a warehouse club and gas station operator. The company provides various products such as television and electronics, furniture, computers and tablets, appliances, food products, and others. It generates its revenue from the sale of merchandise.