Overall market sentiment has been high on Vivint Solar Inc (VSLR) stock lately. VSLR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With VSLR Stock Today?
Vivint Solar Inc (VSLR) stock is trading at $40.76 as of 2:02 PM on Tuesday, Sep 29, an increase of $1.31, or 3.32% from the previous closing price of $39.45. The stock has traded between $39.13 and $41.21 so far today. Volume today is more active than usual. So far 3,130,520 shares have traded compared to average volume of 2,476,505 shares.
To see InvestorsObserver's Sentiment Score for Vivint Solar Inc click here.
More About Vivint Solar Inc
Vivint Solar Inc is a United States-based solar company. Vivint distributes electricity to residential customers through long-term contracts. It has designed and engineered its own solar energy systems for customer use by using proprietary processes. The company operates in a single segment of Residential.
Click Here to get the full Stock Score Report on Vivint Solar Inc (VSLR) Stock.
