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.
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 ESI Stock Today?
Element Solutions Inc (ESI) stock is trading at $21.18 as of 1:56 PM on Friday, Dec 1, a rise of $0.22, or 1.05% from the previous closing price of $20.96. The stock has traded between $20.82 and $21.22 so far today. Volume today is less active than usual. So far 324,339 shares have traded compared to average volume of 1,133,746 shares.
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More About Element Solutions Inc
Element Solutions Inc specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, these innovative solutions enable customers' manufacturing processes in several key industries, including consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, consumer packaging, and offshore energy.
Click Here to get the full Stock Report for Element Solutions Inc stock.
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