The market has been high on Centrais Eletricas Brasileiras Eletrobras ADR Representing 1 Ord Shs (EBR) stock recently. EBR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Centrais Eletricas Brasileiras Eletrobras ADR Representing 1 Ord Shs has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EBR!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With EBR Stock Today?
Centrais Eletricas Brasileiras Eletrobras ADR Representing 1 Ord Shs (EBR) stock is trading at $6.42 as of 10:25 AM on Monday, Dec 6, a gain of $0.18, or 2.8% from the previous closing price of $6.25. The stock has traded between $6.39 and $6.46 so far today. Volume today is below average. So far 150,617 shares have traded compared to average volume of 1,190,520 shares.
More About Centrais Eletricas Brasileiras Eletrobras ADR Representing 1 Ord Shs
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the sale of electricity to distribution companies and free consumers. About half of Eletrobras' electricity sales are made using free market agreements, while the other half are completed through auctions and contracts.
Click Here to get the full Stock Report for Centrais Eletricas Brasileiras Eletrobras ADR Representing 1 Ord Shs stock.
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