Overall market sentiment has been high on Oscar Health Inc (OSCR) stock lately. OSCR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Oscar Health Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OSCR!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With OSCR Stock Today?
Oscar Health Inc (OSCR) stock is trading at $16.75 as of 1:30 PM on Tuesday, Feb 13, a decline of -$0.58, or -3.32% from the previous closing price of $17.33. The stock has traded between $15.84 and $17.23 so far today. Volume today is low. So far 1,767,574 shares have traded compared to average volume of 3,749,895 shares.
More About Oscar Health Inc
Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, family, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan.
Click Here to get the full Stock Report for Oscar Health Inc stock.
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