Overall market sentiment has been high on Kodiak Sciences Inc (KOD) stock lately. KOD receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Kodiak Sciences Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KOD!
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 KOD Stock Today?
Kodiak Sciences Inc (KOD) stock has fallen -13.96% while the S&P 500 is up 0.08% as of 9:37 AM on Thursday, Mar 28. KOD is down -$1.04 from the previous closing price of $7.45 on volume of 7,025 shares. Over the past year the S&P 500 is up 32.27% while KOD is up 30.82%. KOD lost -$5.18 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Kodiak Sciences Inc click here.
