What is the Market's View on Ontrak Inc (OTRK) Stock's Price and Volume Trends Thursday?

Ontrak Inc (OTRK) stock has risen 25.37% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Ontrak Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on OTRK!

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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 OTRK Stock Today?

Ontrak Inc (OTRK) stock has gained 6.33% while the S&P 500 is lower by -0.91% as of 9:50 AM on Thursday, May 19. OTRK is higher by $0.10 from the previous closing price of $1.58 on volume of 29,585 shares. Over the past year the S&P 500 has fallen -5.81% while OTRK is lower by -94.73%. OTRK lost -$2.80 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Ontrak Inc click here.

More About Ontrak Inc

Ontrak Inc is an AI and telehealth enabled, virtualized outpatient healthcare treatment company. The company's integrated, technology-enabled OntrakTM solutions, a component of the PRE platform, are designed to treat members with behavioral conditions that cause chronic medical conditions such as diabetes, hypertension, coronary artery disease, COPD, and congestive heart failure. Click Here to get the full Stock Report for Ontrak Inc stock.