Do Traders Think Republic Services, Inc. (RSG) Can Keep Climbing Wednesday?

Overall market sentiment has been high on Republic Services, Inc. (RSG) stock lately. RSG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Republic Services, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RSG!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 RSG Stock Today?

Republic Services, Inc. (RSG) stock is trading at $125.30 as of 3:24 PM on Wednesday, Feb 1, a gain of $0.48, or 0.38% from the previous closing price of $124.82. Volume today is 1,374,522 compared to average volume of 1,458,161. The stock has traded between $122.01 and $125.69 so far today. To screen for more stocks like Republic Services, Inc. click here.

More About Republic Services, Inc.

Republic Services ranks as the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 198 active landfills and 239 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America. Click Here to get the full Stock Report for Republic Services, Inc. stock.