Is it Time to Dump Ollie's Bargain Outlet Holdings Inc (OLLI) Stock After it Has Gained 2.14% in a Week?

Ollie's Bargain Outlet Holdings Inc (OLLI) stock has gained 2.14% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Ollie's Bargain Outlet Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OLLI!

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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. 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 OLLI Stock Today?

Ollie's Bargain Outlet Holdings Inc (OLLI) stock is trading at $43.91 as of 11:14 AM on Wednesday, May 18, a drop of -$1.90, or -4.15% from the previous closing price of $45.81. The stock has traded between $42.14 and $44.85 so far today. Volume today is less active than usual. So far 831,007 shares have traded compared to average volume of 1,397,838 shares. To see InvestorsObserver's Sentiment Score for Ollie's Bargain Outlet Holdings Inc click here.

More About Ollie's Bargain Outlet Holdings Inc

Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company. Click Here to get the full Stock Report for Ollie's Bargain Outlet Holdings Inc stock.