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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With ELS Stock Today?
Equity LifeStyle Properties Inc (ELS) stock is trading at $64.41 as of 1:05 PM on Friday, Oct 27, a loss of -$1.88, or -2.84% from the previous closing price of $66.29. The stock has traded between $64.41 and $66.53 so far today. Volume today is less active than usual. So far 611,003 shares have traded compared to average volume of 1,536,753 shares.
To see InvestorsObserver's Sentiment Score for Equity LifeStyle Properties Inc click here.
More About Equity LifeStyle Properties Inc
Equity Lifestyle Properties Inc is a real estate investment trust primarily engaged in the ownership and operation of manufactured home communities and recreational vehicle (RV) campgrounds throughout the US. The vast majority of the company's real estate portfolio is comprised of sites located near bodies of water in Florida, the Northeastern region of the US, Arizona, and California. Equity Lifestyle derives nearly all of its income in the form of rental revenue from its properties. This income is pretty evenly split between its community sites and resort sites in the Florida, Northeastern US, Arizona, and California markets. Equity Lifestyle's site offerings mainly attract retirees, vacationing families, and second homeowners who lease on an annual basis.
Click Here to get the full Stock Report for Equity LifeStyle Properties Inc stock.
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