InvestorsObserver
×
News Home

Is Lightwave Logic Inc (LWLG) Stock About to Get Hot Friday?

Friday, December 02, 2022 02:27 PM | InvestorsObserver Analysts

Mentioned in this article

Is Lightwave Logic Inc (LWLG) Stock About to Get Hot Friday?

Lightwave Logic Inc (LWLG) stock is lower by 19.17% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Lightwave Logic Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LWLG!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 LWLG Stock Today?

Lightwave Logic Inc (LWLG) stock is trading at $7.21 as of 2:27 PM on Friday, Dec 2, a drop of -$0.19, or -2.57% from the previous closing price of $7.40. The stock has traded between $7.03 and $7.37 so far today. Volume today is low. So far 390,796 shares have traded compared to average volume of 615,335 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. Click Here to get the full Stock Report for Lightwave Logic Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App