Overall market sentiment has been down on Accel Entertainment Inc (ACEL) stock lately. ACEL receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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 ACEL Stock Today?
Accel Entertainment Inc (ACEL) stock is up 16.68% while the S&P 500 is lower by 0% as of 2:36 PM on Thursday, Aug 6. ACEL is up $1.31 from the previous closing price of $7.89 on volume of 672,292 shares. Over the past year the S&P 500 has gained 15.47% while ACEL is lower by -10.42%. ACEL lost -$0.16 per share in the over the last 12 months.
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More About Accel Entertainment Inc
Accel Entertainment Inc is a distributed gaming operator in the United States. It is engaged in the installation, maintenance, and operation of video gaming terminals. The company offers products to restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It operates slot machines and amusement equipment. The company generates a majority of its revenue from video gaming.
