Is Sharecare Inc (SHCR) Stock About to Get Hot Thursday?

The market has been high on Sharecare Inc (SHCR) stock recently. SHCR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sharecare Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SHCR!

See Full SHCR Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 SHCR Stock Today?

Sharecare Inc (SHCR) stock is trading at $0.92 as of 1:10 PM on Thursday, Aug 31, a gain of $0.02, or 2.3% from the previous closing price of $0.90. The stock has traded between $0.91 and $0.98 so far today. Volume today is light. So far 916,596 shares have traded compared to average volume of 2,451,348 shares. To see InvestorsObserver's Sentiment Score for Sharecare Inc click here.

More About Sharecare Inc

Sharecare Inc is a digital healthcare platform company that helps members consolidate and manage various components of their health in one place, regardless of their health journey. Its platform offers an accessible, interactive, personalized and rewarding environment that aims to transform user engagement with healthcare from episodic to everyday. The platform provides a single destination for people, patients and caregivers to access quality and clinically reviewed content; digitally connect with other patients, community members and healthcare professionals; and adopt action plans provided by healthcare professionals from top institutions. Click Here to get the full Stock Report for Sharecare Inc stock.