Capstone Green Energy Corp (CGRN) Stock: What Does the Chart Say Monday?

Monday, July 10, 2023 10:45 AM | InvestorsObserver Analysts

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Capstone Green Energy Corp (CGRN) Stock: What Does the Chart Say Monday?

Capstone Green Energy Corp (CGRN) stock is higher by 0.83% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Capstone Green Energy Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CGRN!

See Full CGRN Report

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. 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 CGRN Stock Today?

Capstone Green Energy Corp (CGRN) stock is trading at $1.21 as of 10:39 AM on Monday, Jul 10, a gain of $0.02, or 1.62% from the previous closing price of $1.19. The stock has traded between $1.20 and $1.25 so far today. Volume today is light. So far 8,049 shares have traded compared to average volume of 60,354 shares. To see InvestorsObserver's Sentiment Score for Capstone Green Energy Corp click here.

More About Capstone Green Energy Corp

Capstone Green Energy Corp is the producer of low-emission microturbine systems. The company develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications. Capstone Turbine's products include onboard generation for hybrid electric vehicles; conversion of oil field and biomass waste gases into electricity; combined heat, power, and chilling solutions; capacity addition; and standby power. Click Here to get the full Stock Report for Capstone Green Energy Corp stock.