Arch Resources Inc (ARCH) stock is up 0.99% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 ARCH Stock Today?
Arch Resources Inc (ARCH) stock is trading at $30.47 as of 11:51 AM on Thursday, Jul 2, a gain of $1.97, or 6.91% from the previous closing price of $28.50. The stock has traded between $28.93 and $30.68 so far today. Volume today is low. So far 247,385 shares have traded compared to average volume of 485,161 shares.
More About Arch Resources Inc
Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. It operates more than eight active mines in the United States. The company sells thermal coal and generates most of the revenue from it.