Overall market sentiment has been down on Lightwave Logic Inc (LWLG) stock lately. LWLG receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Lightwave Logic Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LWLG!
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.
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 LWLG Stock Today?
Lightwave Logic Inc (LWLG) stock is trading at $5.17 as of 1:23 PM on Wednesday, Sep 20, a rise of $0.13, or 2.58% from the previous closing price of $5.04. The stock has traded between $5.07 and $5.40 so far today. Volume today is light. So far 299,737 shares have traded compared to average volume of 531,520 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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