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Oscar Health Inc (OSCR) Stock: What Does the Chart Say Friday?

Friday, December 01, 2023 11:17 AM | InvestorsObserver Analysts

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Oscar Health Inc (OSCR) Stock: What Does the Chart Say Friday?

The market has been high on Oscar Health Inc (OSCR) stock recently. OSCR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Oscar Health Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OSCR!

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With OSCR Stock Today?

Oscar Health Inc (OSCR) stock has fallen -1.82% while the S&P 500 is up 0.17% as of 11:11 AM on Friday, Dec 1. OSCR is down -$0.15 from the previous closing price of $8.51 on volume of 1,397,234 shares. Over the past year the S&P 500 has risen 12.14% while OSCR is up 189.93%. OSCR lost -$1.60 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Oscar Health Inc click here.

More About Oscar Health Inc

Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, family, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan. Click Here to get the full Stock Report for Oscar Health Inc stock.

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