Nautilus, Inc. (NLS) Stock: What Does the Chart Say Tuesday?

Tuesday, May 24, 2022 10:44 AM | InvestorsObserver Analysts

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Nautilus, Inc. (NLS) Stock: What Does the Chart Say Tuesday?

Nautilus, Inc. (NLS) stock is down 23.23% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Nautilus, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NLS!

See Full NLS Report

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. 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 NLS Stock Today?

Nautilus, Inc. (NLS) stock is trading at $1.95 as of 10:41 AM on Tuesday, May 24, a decline of -$0.47, or -19.42% from the previous closing price of $2.42. The stock has traded between $1.85 and $2.20 so far today. Volume today is above average. So far 2,126,012 shares have traded compared to average volume of 925,416 shares. To screen for more stocks like Nautilus, Inc. click here.

More About Nautilus, Inc.

Nautilus Inc is a global technology-driven fitness solutions company. It designs home-fitness equipment that it sells under the Bowflex, Schwinn, JRNY and Nautilus brands. The company operates in two segments, Direct, and Retail. The direct business offers products directly to consumers through television advertising, catalogs and its websites. The Retail business offers products through a network of independent retail companies and specialty retailers with stores and websites located in the U.S. and internationally. It also derives a portion of revenue from the licensing of its brands and intellectual property. Click Here to get the full Stock Report for Nautilus, Inc. stock.