Lightwave Logic, Inc. (LWLG) Stock: What Does the Chart Say Monday?

Lightwave Logic, Inc. (LWLG) stock has gained 18.30% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LWLG Stock Today?

Lightwave Logic, Inc. (LWLG) stock is trading at $11.44 as of 2:05 PM on Monday, Apr 18, an increase of $0.63, or 5.83% from the previous closing price of $10.81. The stock has traded between $10.60 and $11.89 so far today. Volume today is 966,868 compared to average volume of 835,461.

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.