Where Will Himax Technologies, Inc. (HIMX) Stock Go Next After It Has Gained 3.11% in a Week?

The market has been high on Himax Technologies, Inc. (HIMX) stock recently. HIMX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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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. 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 HIMX Stock Today?

Himax Technologies, Inc. (HIMX) stock is trading at $7.30 as of 3:25 PM on Wednesday, Nov 30, a rise of $0.11, or 1.46% from the previous closing price of $7.19. The stock has traded between $7.03 and $7.34 so far today. Volume today is light. So far 753,598 shares have traded compared to average volume of 1,277,728 shares.

More About Himax Technologies, Inc.

Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China. Click Here to get the full Stock Report for Himax Technologies, Inc. stock.