The market has been high on Axon Enterprise Inc (AAXN) stock recently. AAXN gets a Bullish score from InvestorsObserver's Stock 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 AAXN Stock Today?
Axon Enterprise Inc (AAXN) stock is trading at $87.15 as of 1:13 PM on Wednesday, Sep 23, a gain of $0.27, or 0.31% from the previous closing price of $86.88. Volume today is light. So far 206,698 shares have traded compared to average volume of 614,938 shares. The stock has traded between $86.31 and $88.69 so far today.
To see InvestorsObserver's Sentiment Score for Axon Enterprise Inc click here.
More About Axon Enterprise Inc
Axon Enterprise Inc is in the development, manufacture, and sale of Conducted Energy Weapons designed for use by law enforcement, corrections, military forces, private security personnel and by private individuals for personal defense. It is also engaged in developing, manufacturing and selling of connected wearable on-officer cameras as well as developing and selling cloud-based digital evidence management software.
Click Here to get the full Stock Score Report on Axon Enterprise Inc (AAXN) Stock.
