Overall market sentiment has been high on Houston American Energy Corporation (HUSA) stock lately. HUSA receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 HUSA Stock Today?
Houston American Energy Corporation (HUSA) stock is down -2.65% while the S&P 500 has gained 0.3% as of 2:39 PM on Monday, Sep 28. HUSA is down -$0.03 from the previous closing price of $1.13 on volume of 203,763 shares. Over the past year the S&P 500 is up 9.07% while HUSA is down -51.33%. HUSA lost -$0.52 per share in the over the last 12 months.
More About Houston American Energy Corporation
Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, U.S. Gulf Coast region, particularly Texas and Louisiana, and in the South American country of Colombia. The company's exploration and development projects are focused on existing property interests, and future acquisition of additional property interests, in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region and in the South American country of Colombia.