Where Will Oscar Health Inc (OSCR) Stock Go Next After It Has Gained 47.19% in a Week?

Oscar Health Inc (OSCR) stock has risen 47.19% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Oscar Health Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OSCR!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With OSCR Stock Today?

Oscar Health Inc (OSCR) stock is trading at $7.33 as of 11:15 AM on Wednesday, Nov 8, a gain of $0.71, or 10.73% from the previous closing price of $6.62. The stock has traded between $6.71 and $7.59 so far today. Volume today is 1,521,353 compared to average volume of 1,352,576. To see InvestorsObserver's Sentiment Score for Oscar Health Inc click here.

More About Oscar Health Inc

Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, family, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan. Click Here to get the full Stock Report for Oscar Health Inc stock.