Blink Charging Co (BLNK) stock is down 21.85% over the past week and gets a Bearish 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 BLNK Stock Today?
Blink Charging Co (BLNK) stock has fallen -5.19% while the S&P 500 is up 0.9% as of 11:25 AM on Thursday, Apr 15. BLNK is down -$1.97 from the previous closing price of $37.83 on volume of 1,935,042 shares. Over the past year the S&P 500 has gained 46.22% while BLNK is up 1881.77%. BLNK lost -$0.59 per share in the over the last 12 months.
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More About Blink Charging Co
Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. Its principal line of products and services are the Blink EV charging network (the Blink Network) and EV charging equipment (also known as electric vehicle supply equipment), and EV-related services.
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