Do Traders Think Extra Space Storage Inc (EXR) Can Turn Around Thursday?

Overall market sentiment has been neutral on Extra Space Storage Inc (EXR) stock lately. EXR receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Extra Space Storage Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on EXR!

See Full EXR Report

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EXR Stock Today?

Extra Space Storage Inc (EXR) stock is trading at $141.21 as of 3:15 PM on Thursday, Mar 14, a drop of -$5.01, or -3.43% from the previous closing price of $146.22. The stock has traded between $141.15 and $146.22 so far today. Volume today is light. So far 507,867 shares have traded compared to average volume of 1,226,780 shares. To see InvestorsObserver's Sentiment Score for Extra Space Storage Inc click here.

More About Extra Space Storage Inc

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,100 self-storage properties in 41 states, with over 160 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee. Click Here to get the full Stock Report for Extra Space Storage Inc stock.