Do Traders Think Transportadora de Gas del Sur SA ADR Class B (TGS) Can Keep Climbing Monday?

Transportadora de Gas del Sur SA ADR Class B (TGS) stock has risen 30.79% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Transportadora de Gas del Sur SA ADR Class B has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TGS!

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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 TGS Stock Today?

Transportadora de Gas del Sur SA ADR Class B (TGS) stock is trading at $13.21 as of 1:04 PM on Monday, Nov 20, an increase of $2.75, or 26.29% from the previous closing price of $10.46. The stock has traded between $12.00 and $13.50 so far today. Volume today is elevated. So far 769,794 shares have traded compared to average volume of 184,453 shares. To screen for more stocks like Transportadora de Gas del Sur SA ADR Class B click here.

More About Transportadora de Gas del Sur SA ADR Class B

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Liquids Production and Commercialization, Other Services including midstream, Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of revenue from Argentina. Click Here to get the full Stock Report for Transportadora de Gas del Sur SA ADR Class B stock.