Is it Time to Dump Equity LifeStyle Properties Inc (ELS) Stock After it Is Lower By 1.78% in a Week?

The market has been down on Equity LifeStyle Properties Inc (ELS) stock recently. ELS gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Equity LifeStyle Properties Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ELS!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 ELS Stock Today?

Equity LifeStyle Properties Inc (ELS) stock is trading at $64.50 as of 2:20 PM on Thursday, Mar 28, a gain of $0.17, or 0.26% from the previous closing price of $64.33. Volume today is 1,174,897 compared to average volume of 1,159,222. The stock has traded between $64.45 and $65.15 so far today. 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.