How Will the Market React to Rattler Midstream LP (RTLR) Stock Getting a Bullish Rating

Monday, August 15, 2022 02:47 PM | InvestorsObserver Analysts

Mentioned in this article

How Will the Market React to Rattler Midstream LP (RTLR) Stock Getting a Bullish Rating

Overall market sentiment has been high on Rattler Midstream LP (RTLR) stock lately. RTLR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Rattler Midstream LP has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RTLR!

See Full RTLR Report

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 RTLR Stock Today?

Rattler Midstream LP (RTLR) stock is trading at $14.35 as of 2:43 PM on Monday, Aug 15, a drop of -$0.31, or -2.15% from the previous closing price of $14.66. The stock has traded between $13.80 and $14.50 so far today. Volume today is less active than usual. So far 178,774 shares have traded compared to average volume of 539,821 shares. To see InvestorsObserver's Sentiment Score for Rattler Midstream LP click here.

More About Rattler Midstream LP

Rattler Midstream LP is a growth-oriented partnership firm that owns, operates, develops and acquires midstream infrastructure assets in the Midland and Delaware Basins of the Permian. It provides crude oil, natural gas and water-related midstream services including freshwater sourcing and transportation and saltwater gathering and disposal to Diamondback under long-term, fixed-fee contracts. The company's operating segment includes Midstream Services. Click Here to get the full Stock Report for Rattler Midstream LP stock.