Overall market sentiment has been high on GrafTech International Ltd (EAF) stock lately. EAF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
GrafTech International Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EAF!
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 EAF Stock Today?
GrafTech International Ltd (EAF) stock is trading at $2.58 as of 10:30 AM on Wednesday, Nov 15, a rise of $0.07, or 2.99% from the previous closing price of $2.51. The stock has traded between $2.50 and $2.60 so far today. Volume today is below average. So far 843,244 shares have traded compared to average volume of 1,946,325 shares.
More About GrafTech International Ltd
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.
Click Here to get the full Stock Report for GrafTech International Ltd stock.
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