Sunrun Inc (RUN) stock has gained 38.07% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With RUN Stock Today?
Sunrun Inc (RUN) stock is trading at $93.06 as of 11:31 AM on Thursday, Jan 7, an increase of $7.89, or 9.26% from the previous closing price of $85.17. The stock has traded between $89.04 and $93.88 so far today. Volume today is 4,567,531 compared to average volume of 5,176,618.
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More About Sunrun Inc
Sunrun Inc provides homeowners with clean, affordable solar energy and storage. It engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar leads. Solar service offerings are provided through leases and power-purchase agreements.
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