Berkeley Lights Inc (BLI) Stock: What Does the Chart Say Tuesday?

2023-02-15 15:39:30 By : Ms. Alice Meng

Berkeley Lights Inc (BLI) stock is lower by 23.45% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator. Berkeley Lights Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BLI! See Full BLI Report 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. 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 BLI Stock Today? Berkeley Lights Inc (BLI) stock is down -3.49% while the S&P 500 has risen 0.12% as of 3:52 PM on Tuesday, Feb 14. BLI is down -$0.06 from the previous closing price of $1.79 on volume of 810,440 shares. Over the past year the S&P 500 is lower by -5.90% while BLI is down -76.53%. BLI lost -$1.27 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Berkeley Lights Inc click here. More About Berkeley Lights Inc Berkeley Lights Inc is a digital cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products. The Berkeley Lights platform captures deep phenotypic, functional, and genotypic information for thousands of single cells in parallel and can also deliver the live biology customers desire in the form of the best cells. The Berkeley Lights Platform is a fully integrated, end-to-end solution, comprised of proprietary consumables, including its OptoSelect chips and reagent kits, advanced automation systems, and advanced application and workflow software. The company operates in North America, Asia Pacific, and Europe, with North America deriving nearly half of the revenue. Click Here to get the full Stock Report for Berkeley Lights Inc stock.

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