Do Traders Think Entergy Corp (ETR) Can Keep Climbing Wednesday?

Entergy Corp (ETR) stock has risen 1.30% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Entergy Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ETR!

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What is Stock Sentiment?

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. 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 ETR Stock Today?

Entergy Corp (ETR) stock is trading at $104.36 as of 3:27 PM on Wednesday, Mar 27, a rise of $2.01, or 1.96% from the previous closing price of $102.35. The stock has traded between $102.68 and $104.47 so far today. Volume today is below average. So far 904,008 shares have traded compared to average volume of 1,348,787 shares. To screen for more stocks like Entergy Corp click here.

More About Entergy Corp

Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its merchant plants in 2014. Click Here to get the full Stock Report for Entergy Corp stock.