Hallador Energy Co (HNRG) Stock: What Does the Chart Say Monday?

Hallador Energy Co (HNRG) stock has risen 22.07% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Hallador Energy Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HNRG!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 HNRG Stock Today?

Hallador Energy Co (HNRG) stock is trading at $9.79 as of 2:49 PM on Monday, Nov 28, a decline of -$0.19, or -1.86% from the previous closing price of $9.97. The stock has traded between $8.62 and $9.99 so far today. Volume today is elevated. So far 303,589 shares have traded compared to average volume of 168,493 shares.

More About Hallador Energy Co

Hallador Energy Co is a coal mining company with operations in Indiana, USA, and it is part of the electric power generation industry. The company also has equity interests in oil and gas exploration companies in both Indiana and Michigan. The company sells the majority of its coal to large scrubbed coal-fired power plants in Indiana. The operating business segments includes two Oaktown underground mines located in southwestern Indiana. Click Here to get the full Stock Report for Hallador Energy Co stock.