Where Will Astra Space Inc (ASTR) Stock Go Next After It Is Lower By 45.71% in a Week?

Astra Space Inc (ASTR) stock has fallen 45.71% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Astra Space Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ASTR!

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What is Stock Sentiment?

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. 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 ASTR Stock Today?

Astra Space Inc (ASTR) stock has risen 18.73% while the S&P 500 has fallen -0.9% as of 1:35 PM on Tuesday, Mar 5. ASTR has risen $0.15 from the previous closing price of $0.80 on volume of 1,933,455 shares. Over the past year the S&P 500 is higher by 25.60% while ASTR has fallen -87.52%. ASTR lost -$7.37 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Astra Space Inc click here.

More About Astra Space Inc

Astra Space Inc is a technology company that provides space services, including satellite launch services and other space services, based on a proprietary, vertically integrated technology platform. It offers launch services, space products, and space services to achieve its space services platform model. Click Here to get the full Stock Report for Astra Space Inc stock.