Overall market sentiment has been high on Evolus Inc (EOLS) stock lately. EOLS receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 EOLS Stock Today?
Evolus Inc (EOLS) stock is trading at $10.76 as of 11:13 AM on Monday, Feb 22, a loss of -$1.53, or -12.45% from the previous closing price of $12.29. The stock has traded between $10.31 and $11.87 so far today. Volume today is 1,488,682 compared to average volume of 1,960,311.
To see InvestorsObserver's Sentiment Score for Evolus Inc click here.
More About Evolus Inc
Evolus Inc is engaged in providing physicians and their patients with expanded choices in medical aesthetic treatments and procedures. Its product candidate is an injectable formulation of a 900 kDa Botulinum toxin Type A complex. It has also completed the development program for DWP-450 for the treatment of moderate to severe glabellar lines.
Click Here to get the full Stock Score Report on Evolus Inc (EOLS) Stock.
