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Is Terawulf Inc (WULF) Stock About to Get Hot Monday?

Monday, August 15, 2022 01:33 PM | InvestorsObserver Analysts

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Is Terawulf Inc (WULF) Stock About to Get Hot Monday?

Overall market sentiment has been high on Terawulf Inc (WULF) stock lately. WULF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Terawulf Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WULF!

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With WULF Stock Today?

Terawulf Inc (WULF) stock is trading at $1.96 as of 1:32 PM on Monday, Aug 15, a rise of $0.26, or 15.29% from the previous closing price of $1.70. The stock has traded between $1.66 and $2.00 so far today. Volume today is 334,695 compared to average volume of 386,031.

More About Terawulf Inc

TeraWulf Inc is a digital asset technology company with a core business of sustainable bitcoin mining. The company develops, owns and operates its bitcoin mining facility sites in the United States powered by hydro, nuclear, and solar energy. Click Here to get the full Stock Report for Terawulf Inc stock.

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