Should You Buy Semileds Corp (LEDS) Stock After it Has Risen 3.92% in a Week?

Semileds Corp (LEDS) stock has gained 3.92% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Semileds Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LEDS!

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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. 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 LEDS Stock Today?

Semileds Corp (LEDS) stock is trading at $1.59 as of 9:48 AM on Thursday, Feb 22, a rise of $0.12, or 8.16% from the previous closing price of $1.47. The stock has traded between $1.49 and $1.59 so far today. Volume today is light. So far 1,308 shares have traded compared to average volume of 97,070 shares. To see InvestorsObserver's Sentiment Score for Semileds Corp click here.

More About Semileds Corp

SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of revenue from the United States. Click Here to get the full Stock Report for Semileds Corp stock.