Is Sempra (SRE) a Stock to Watch After Gaining 2.05% This Week?

The market has been high on Sempra (SRE) stock recently. SRE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sempra has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SRE!

See Full SRE Report

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 SRE Stock Today?

Sempra (SRE) stock is trading at $73.67 as of 1:00 PM on Friday, Nov 24, a gain of $0.55, or 0.75% from the previous closing price of $73.12. The stock has traded between $72.88 and $73.78 so far today. Volume today is light. So far 1,335,089 shares have traded compared to average volume of 3,244,367 shares. To screen for more stocks like Sempra click here.

More About Sempra

Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico. Click Here to get the full Stock Report for Sempra stock.