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

Ontrak Inc (OTRK) stock is higher by 188.46% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

See Full OTRK Report

What is Stock Sentiment?

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With OTRK Stock Today?

Ontrak Inc (OTRK) stock is trading at $0.75 as of 1:59 PM on Thursday, Mar 28, a gain of $0.15, or 25.55% from the previous closing price of $0.60. The stock has traded between $0.57 and $1.07 so far today. Volume today is more active than usual. So far 29,905,916 shares have traded compared to average volume of 11,878,085 shares. To screen for more stocks like 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.