Should You Buy Ondas Holdings Inc (ONDS) Stock on Monday?

Ondas Holdings Inc (ONDS) stock has risen 42.86% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With ONDS Stock Today?

Ondas Holdings Inc (ONDS) stock is trading at $1.30 as of 10:05 AM on Monday, Nov 27, a decline of -$0.04, or -3.07% from the previous closing price of $1.34. The stock has traded between $1.26 and $1.31 so far today. Volume today is below average. So far 89,005 shares have traded compared to average volume of 683,238 shares. To see InvestorsObserver's Sentiment Score for Ondas Holdings Inc click here.

More About Ondas Holdings Inc

Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. Its FullMAX system of wireless base stations, fixed and mobile remote radios are deployed by customers to create wide-area wireless broadband cellular networks. The company markets and sells its products to companies in the electric utilities, water and wastewater utilities, oil and gas producers, and for other critical infrastructure applications in areas such as homeland security and defense, and transportation. Click Here to get the full Stock Report for Ondas Holdings Inc stock.