What is the Market's View on Alpha Teknova Inc (TKNO) Stock's Price and Volume Trends Wednesday?

Alpha Teknova Inc (TKNO) stock is higher by 19.10% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 TKNO Stock Today?

Alpha Teknova Inc (TKNO) stock is up 8.22% while the S&P 500 is lower by -1.01% as of 1:13 PM on Wednesday, Oct 18. TKNO has risen $0.18 from the previous closing price of $2.19 on volume of 8,597 shares. Over the past year the S&P 500 is higher by 17.71% while TKNO is lower by -31.10%. TKNO lost -$1.84 per share in the over the last 12 months.

More About Alpha Teknova Inc

Alpha Teknova Inc provides critical reagents that enable the discovery, development, and production of biopharmaceutical products such as drug therapies, novel vaccines, and molecular diagnostics. Its product offerings include pre-poured media plates for cell growth and cloning, liquid cell culture media and supplements for cellular expansion, and molecular biology reagents for sample manipulation, resuspension, and purification. Click Here to get the full Stock Report for Alpha Teknova Inc stock.