How Will the Market React to Sasol Ltd (SSL) Stock Getting a Bearish Rating

Sasol Ltd (SSL) stock is down 10.94% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sasol Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SSL!

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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 SSL Stock Today?

Sasol Ltd (SSL) stock is lower by -4.47% while the S&P 500 has risen 0.64% as of 9:46 AM on Wednesday, Nov 22. SSL is lower by -$0.53 from the previous closing price of $11.85 on volume of 65,484 shares. Over the past year the S&P 500 has gained 15.63% while SSL is lower by -33.22%. SSL earned $0.71 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.87. To see InvestorsObserver's Sentiment Score for Sasol Ltd click here.

More About Sasol Ltd

Sasol Ltd operates as a vertically integrated chemicals and energy company through its three main segments: mining and gas; fuels and chemicals. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Click Here to get the full Stock Report for Sasol Ltd stock.