Is it Time to Dump Solid Power Inc (SLDP) Stock After it Is Lower By 3.67% in a Week?

Solid Power Inc (SLDP) stock is lower by 3.67% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Solid Power Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SLDP!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 SLDP Stock Today?

Solid Power Inc (SLDP) stock is trading at $4.46 as of 12:17 PM on Monday, Nov 28, a decline of -$0.10, or -2.09% from the previous closing price of $4.55. The stock has traded between $4.44 and $4.58 so far today. Volume today is low. So far 516,868 shares have traded compared to average volume of 1,176,346 shares. To see InvestorsObserver's Sentiment Score for Solid Power Inc click here.

More About Solid Power Inc

Solid Power Inc is engaged in developing all-solid-state battery cell technology primarily for the electric vehicle market. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells. Click Here to get the full Stock Report for Solid Power Inc stock.