Where Will Applied Optoelectronics Inc (AAOI) Stock Go Next After It Is Down 6.13% in a Week?

The market has been down on Applied Optoelectronics Inc (AAOI) stock recently. AAOI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Applied Optoelectronics Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AAOI!

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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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With AAOI Stock Today?

Applied Optoelectronics Inc (AAOI) stock is trading at $13.78 as of 11:55 AM on Monday, Apr 1, a decline of -$0.08, or -0.58% from the previous closing price of $13.86. The stock has traded between $13.78 and $14.69 so far today. Volume today is less active than usual. So far 724,204 shares have traded compared to average volume of 3,303,183 shares.

More About Applied Optoelectronics Inc

Applied Optoelectronics Inc is a provider of fiber-optic networking products, primarily for the Internet data center, cable television, and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. Click Here to get the full Stock Report for Applied Optoelectronics Inc stock.