Where Will AeroClean Technologies Inc (AERC) Stock Go Next After It Has Gained 9.59% in a Week?

Tuesday, December 06, 2022 12:18 PM | InvestorsObserver Analysts

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Where Will AeroClean Technologies Inc (AERC) Stock Go Next After It Has Gained 9.59% in a Week?

Overall market sentiment has been high on AeroClean Technologies Inc (AERC) stock lately. AERC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

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

See Full AERC Report

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. 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 AERC Stock Today?

AeroClean Technologies Inc (AERC) stock is trading at $3.77 as of 12:17 PM on Tuesday, Dec 6, a decline of -$0.36, or -8.84% from the previous closing price of $4.13. The stock has traded between $3.52 and $4.09 so far today. Volume today is elevated. So far 742,353 shares have traded compared to average volume of 280,959 shares. To screen for more stocks like AeroClean Technologies Inc click here.

More About AeroClean Technologies Inc

AeroClean Technologies Inc is a pathogen elimination technology company on a mission to keep work, play, and life going - with continuous air sanitization products called, Purgo (pure-go.) It creates solutions for hospitals, offices, and many shared spaces as well as elevators, travel, and more. Click Here to get the full Stock Report for AeroClean Technologies Inc stock.