Should You Buy Celcuity Inc (CELC) Stock After it Has Gained 22.41% in a Week?

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

Celcuity Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CELC!

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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 CELC Stock Today?

Celcuity Inc (CELC) stock is trading at $13.33 as of 10:50 AM on Monday, Nov 20, an increase of $0.55, or 4.3% from the previous closing price of $12.78. The stock has traded between $12.25 and $13.49 so far today. Volume today is low. So far 6,917 shares have traded compared to average volume of 52,776 shares. To screen for more stocks like Celcuity Inc click here.

More About Celcuity Inc

Celcuity Inc is clinical-stage biotechnology company seeking to extend the lives of cancer patients by pursuing an integrated therapeutic (Rx) and companion diagnostic (CDx) strategy. The company's drug candidate, gedatolisib, is a potent, well-tolerated, small molecule dual inhibitor, administered intravenously, that selectively targets all class I isoforms of PI3K and mammalian target of rapamycin (mTOR). Click Here to get the full Stock Report for Celcuity Inc stock.