Overall market sentiment has declined for Ondas Holdings Inc (ONDS) stock recently. ONDS receives a bearish rating from InvestorsObserver’s Stock indicator.
What is the mood of stocks?
When making investment decisions, the mood gives a good overview of what stocks investors currently prefer. Sentiment includes short-term technical analysis in its outcome and does not include fundamental analysis such as the company’s profitability. This means that revenue updates and other news can significantly affect general sentiment.
The mood is how investors or the market feel about stocks. There are many ways to measure mood. Basically, the mood is quite easy to understand. If the stock rises, investors should be bullish, while if they decline, the mood is bearish.
InvestorsObserverSentiment Indicator looks at price trends over the past week and is also considering changes in volume. An increase in volume may mean that the trend is getting stronger, while a decrease in volume may mean that the trend is coming to a close.
For stocks that have options, our system also takes into account the balance between calls, which are often bets that the price will rise, and putas, which are often bets that the price will fall.
What is happening to ONDS stocks today?
Shares of Ondas Holdings Inc (ONDS) were trading at $ 8.25 as of 2:19 p.m. on Monday, April 5, down $ 1.19, or -12.61% from the previous close of $ 9.44. . Shares traded between $ 7.74 and $ 9.69 today. The volume is more active today than usual. So far, 867,051 shares have been traded with an average volume of 509,312 shares.
More about Ondas Holdings Inc.
Ondas Holdings Inc. designs, develops, manufactures, sells and maintains FullMAX Software Defined Radio (SDR) technology in the United States, Israel and India. Its FullMAX system of wireless base stations, fixed and mobile remote radios is used by customers to create broadband wireless broadband cellular networks. The company markets and sells its products to companies in electricity, water and wastewater, oil and gas producers, and other important infrastructure applications in areas such as internal security and defense and transportation.