Do Merchants Assume Himax Applied sciences, Inc. (HIMX) Can Maintain Climbing Monday?

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Overall market sentiment for Himax Technologies, Inc. (HIMX) stock has been falling recently. HIMX receives a bearish rating from InvestorsObserver Stock Sentiment Indicator.

Himax Technologies, Inc. has a bearish mood reading. Find out what this means for you and get the rest of the leaderboard on HIMX!

What is stock sentiment?

Sentiment uses short-term technical analysis to gauge whether investors want a stock. As a technical indicator, it focuses on recent trends versus the long-term health of the underlying company. Updates for the company, such as B. a profit announcement, can dissuade the stock from the current trends.

Price changes are generally the best indicator of sentiment for a particular stock. In essence, the trend of a stock shows whether the current market sentiment is bullish or bearish. Investors need to be bullish when a stock is trending up and bearish when a stock is moving down.

InvestorsObserver’s Sentiment Indicator takes into account both price changes and volume fluctuations. An increase in volume usually means that a current trend is strengthening, while a decrease in volume tends to signal a reversal of the ongoing trend.

Our system also uses the options market to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock, as options allow an investor to bet on future price changes.

What is happening with HIMX Stock today?

Himax Technologies, Inc. (HIMX) stock trades at $ 10.96 at 9:49 a.m. on Monday, May 24, up $ 0.60, or 5.79%, from its previous closing price of 10 .36 USD equals. The stock was trading between $ 10.46 and $ 10.98 today. The volume is below average today. So far, 207,299 shares have been traded, compared to an average volume of 4,363,143 shares.

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For more information on Himax Technologies, Inc.

Himax Technologies Inc is a semiconductor solution provider dedicated to the display of image processing technologies. The company operates in the Driver Integrated Circuit and Non-Driver Products segments. The majority of the company’s sales come from the Driver Integrated Circuit segment. It provides display driver ICs and timing controls that are used in televisions, laptops, monitors, cell phones, tablets, digital cameras, VR (virtual reality) devices, and many other consumer electronics devices. In addition, controllers for touch sensor displays, in-cell single-chip solutions for the integration of touch and display drivers, LED driver ICs, power management ICs and scaling products for monitors and projectors are developed and provided. Geographically, it generates most of its sales in China.

For the full stock score report on Himax Technologies, Inc. (HIMX) stocks, click here.