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

Lightwave Logic, Inc. (LWLG) stock is higher by 20.93% 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?

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. 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 $11.67 as of 2:55 PM on Thursday, Jul 21, a gain of $0.17, or 1.48% from the previous closing price of $11.50. The stock has traded between $11.14 and $11.87 so far today. Volume today is low. So far 468,631 shares have traded compared to average volume of 1,568,524 shares.

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.