The market has been down on Lilium NV (LILM) stock recently. LILM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Lilium NV has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LILM!
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.
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 LILM Stock Today?
Lilium NV (LILM) stock is trading at $2.51 as of 9:36 AM on Friday, Aug 19, a decline of -$0.16, or -5.99% from the previous closing price of $2.67. The stock has traded between $2.51 and $2.60 so far today. Volume today is light. So far 122,439 shares have traded compared to average volume of 1,380,400 shares.
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More About Lilium NV
Lilium NV creates a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, it is building a transport network and service for people and goods.
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