Do Traders Think Bloom Energy Corp (BE) Can Keep Climbing Monday?

The market has been neutral on Bloom Energy Corp (BE) stock recently. BE gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Bloom Energy Corp has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on BE!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 BE Stock Today?

Bloom Energy Corp (BE) stock has fallen -0.38% while the S&P 500 has gained 0.46% as of 3:14 PM on Monday, Mar 27. BE has fallen -$0.07 from the previous closing price of $18.29 on volume of 1,028,396 shares. Over the past year the S&P 500 is down -12.81% while BE has fallen -24.55%. BE lost -$1.62 per share in the over the last 12 months.

More About Bloom Energy Corp

Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and South Korea. Click Here to get the full Stock Report for Bloom Energy Corp stock.