The market has been high on PPL Corp (PPL) stock recently. PPL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
PPL Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PPL!
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 PPL Stock Today?
PPL Corp (PPL) stock is trading at $29.54 as of 3:11 PM on Thursday, Aug 11, an increase of $0.54, or 1.86% from the previous closing price of $29.00. The stock has traded between $28.94 and $29.98 so far today. Volume today is elevated. So far 7,249,193 shares have traded compared to average volume of 4,692,970 shares.
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More About PPL Corp
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.
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