Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CEQP Stock Today?
Crestwood Equity Partners LP (CEQP) stock is trading at $28.72 as of 1:59 PM on Friday, Oct 1, a gain of $0.34, or 1.2% from the previous closing price of $28.38. The stock has traded between $28.20 and $28.87 so far today. Volume today is light. So far 109,891 shares have traded compared to average volume of 375,482 shares.
To see InvestorsObserver's Sentiment Score for Crestwood Equity Partners LP click here.
More About Crestwood Equity Partners LP
Crestwood Equity Partners LP develops, acquires, owns or controls, and operates fee-based assets and operations within the energy midstream sector. The company has a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect fundamental energy supply with energy demand across North America. It has three reporting segments: Gathering and Processing, Marketing, Supply and Logistics, and Storage and Transportation. The company serves various producers in unconventional shale plays located in across the United States. It generates maximum revenue from the Marketing, Supply and Logistics division.
Click Here to get the full Stock Report for Crestwood Equity Partners LP stock.
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