How Will the Market React to PPL Corp (PPL) Stock Getting a Bullish Rating

The market has been high on PPL Corp (PPL) stock recently. PPL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

PPL Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PPL!

See Full PPL Report

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 PPL Stock Today?

PPL Corp (PPL) stock is trading at $26.02 as of 3:32 PM on Wednesday, Nov 29, a decline of -$0.37, or -1.42% from the previous closing price of $26.39. The stock has traded between $26.01 and $26.40 so far today. Volume today is less active than usual. So far 3,347,523 shares have traded compared to average volume of 6,884,781 shares.

More About PPL Corp

PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island. Click Here to get the full Stock Report for PPL Corp stock.