Overall market sentiment has been high on Lightwave Logic Inc (LWLG) stock lately. LWLG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Lightwave Logic Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LWLG!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With LWLG Stock Today?
Lightwave Logic Inc (LWLG) stock is trading at $8.53 as of 2:04 PM on Monday, Jul 17, an increase of $0.64, or 8.08% from the previous closing price of $7.89. The stock has traded between $7.70 and $8.53 so far today. Volume today is below average. So far 406,522 shares have traded compared to average volume of 852,005 shares.
To screen for more stocks like Lightwave Logic Inc click here.
More About Lightwave Logic Inc
Lightwave Logic Inc is a United States-based development stage company moving toward commercialization of next-generation electro-optic photonic devices made on its P2IC technology platform which uses in-house proprietary high-activity and high-stability organic polymers. Electro-optical devices convert data from electric signals into optical signals for multiple applications. It designs and synthesizes organic chromophores for use in its own proprietary electro-optic polymer systems and photonic device designs.
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