What is the Market's View on Ouster Inc (OUST) Stock's Price and Volume Trends Tuesday?

The market has been high on Ouster Inc (OUST) stock recently. OUST gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 OUST Stock Today?

Ouster Inc (OUST) stock is trading at $4.88 as of 1:46 PM on Tuesday, Sep 26, a decline of -$0.01, or -0.1% from the previous closing price of $4.89. Volume today is elevated. So far 787,150 shares have traded compared to average volume of 626,131 shares. The stock has traded between $4.78 and $5.11 so far today. To see InvestorsObserver's Sentiment Score for Ouster Inc click here.

More About Ouster Inc

High-resolution lidar sensors for long, mid, and short range applications We transformed lidar from an analog device with thousands of components to an elegant digital device powered by one chip-scale laser array and one CMOS sensor. The result is a full range of high-resolution lidar sensors that deliver superior imaging at a dramatically lower price. Click Here to get the full Stock Report for Ouster Inc stock.