The market has been high on Whiting Petroleum Corp (WLL) stock recently. WLL gets a Bullish score 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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With WLL Stock Today?
Whiting Petroleum Corp (WLL) stock is trading at $53.92 as of 11:53 AM on Monday, Jun 21, an increase of $1.02, or 1.93% from the previous closing price of $52.90. The stock has traded between $52.58 and $54.65 so far today. Volume today is low. So far 202,624 shares have traded compared to average volume of 747,290 shares.
To see InvestorsObserver's Sentiment Score for Whiting Petroleum Corp click here.
More About Whiting Petroleum Corp
Whiting Petroleum Corp is a US-based independent oil and gas company. It is engaged in the development, production, acquisition, and exploration activities primarily in the Rocky Mountains region of the United States. It explores the production of crude oil, natural gas liquids, and natural gas. The operations of the company are principally carried out in the United States. It derives revenue from the sales of oil, natural gas liquids, and natural gas.
Click Here to get the full Stock Score Report on Whiting Petroleum Corp (WLL) Stock.
