Chuy's Holdings Inc (CHUY) stock has risen 15.78% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 CHUY Stock Today?
Chuy's Holdings Inc (CHUY) stock has risen 8.53% while the S&P 500 is down -0.37% as of 10:05 AM on Friday, Jan 15. CHUY is higher by $2.59 from the previous closing price of $30.35 on volume of 19,964 shares. Over the past year the S&P 500 has risen 14.96% while CHUY is higher by 30.77%. CHUY lost -$0.43 per share in the over the last 12 months.
More About Chuy's Holdings Inc
Chuy's Holdings Inc operates Chuy's, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. It offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups, and salads. The company also offers a full-service bar in all of its restaurants providing its customers a range of beverage offerings.