Overall market sentiment has been high on Arcimoto Inc (FUV) stock lately. FUV receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 FUV Stock Today?
Arcimoto Inc (FUV) stock is trading at $6.18 as of 9:57 AM on Thursday, Sep 17, a gain of $0.02, or 0.32% from the previous closing price of $6.16. The stock has traded between $5.97 and $6.30 so far today. Volume today is below average. So far 70,368 shares have traded compared to average volume of 1,025,236 shares.
To see InvestorsObserver's Sentiment Score for Arcimoto Inc click here.
More About Arcimoto Inc
Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world shift to a sustainable transportation system. Now available to preorder customers on the West Coast, the Arcimoto FUV is purpose-built for everyday driving, transforming ordinary trips into pure-electric joyrides. Available for preorder, the Deliverator and Rapid Responder provide last-mile delivery and emergency response functionality, respectively, at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Every Arcimoto vehicle is built at the Arcimoto Manufacturing Plant in Eugene, Oregon. For more information, please visit Arcimoto.com.
Click Here to get the full Stock Score Report on Arcimoto Inc (FUV) Stock.
