The market has been high on Polar Power Inc (POLA) stock recently. POLA gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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 POLA Stock Today?
Polar Power Inc (POLA) stock is down -6.32% while the S&P 500 is up 0.48% as of 2:36 PM on Wednesday, Jan 13. POLA is lower by -$0.55 from the previous closing price of $8.70 on volume of 1,355,110 shares. Over the past year the S&P 500 is higher by 16.16% while POLA is up 217.12%. POLA lost -$1.13 per share in the over the last 12 months.
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More About Polar Power Inc
Polar Power Inc is engaged in designing, manufacturing, and selling direct current power systems for applications in the telecommunications market, military, electric vehicle charging, cogeneration, distributed power, and uninterrupted power supply. Its products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators.
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