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.
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 TMBR Stock Today?
Timber Pharmaceuticals Inc (TMBR) stock is trading at $2.96 as of 9:33 AM on Monday, Aug 21, an increase of $1.46, or 97.33% from the previous closing price of $1.50. The stock has traded between $2.89 and $3.20 so far today. Volume today is high. So far 3,754,896 shares have traded compared to average volume of 41,086 shares.
To screen for more stocks like Timber Pharmaceuticals Inc click here.
More About Timber Pharmaceuticals Inc
Timber Pharmaceuticals Inc is a biopharmaceutical company focused on the development and commercialization of treatments for orphan dermatologic diseases. It is initially focused on developing non-systemic treatments for rare dermatologic diseases including congenital ichthyosis, facial angiofibromas in tuberous sclerosis complex, and scleroderma. The company's development pipeline includes TMB-001 (Topical Isotretinoin), TMB-002 (Topical Rapamycin), and TMB-003 (Topical / Subcutaneous ET-A Receptor Antagonist).
Click Here to get the full Stock Report for Timber Pharmaceuticals Inc stock.
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