Plains GP Holdings LP (PAGP) Stock: What Does the Chart Say Monday?

Overall market sentiment has been high on Plains GP Holdings LP (PAGP) stock lately. PAGP receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Plains GP Holdings LP has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PAGP!

See Full PAGP Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 PAGP Stock Today?

Plains GP Holdings LP (PAGP) stock is trading at $16.52 as of 11:05 AM on Monday, Sep 25, a loss of -$0.09, or -0.51% from the previous closing price of $16.61. The stock has traded between $16.11 and $16.57 so far today. Volume today is less active than usual. So far 571,149 shares have traded compared to average volume of 1,944,275 shares. To see InvestorsObserver's Sentiment Score for Plains GP Holdings LP click here.

More About Plains GP Holdings LP

Plains GP Holdings, L.P. is a publicly traded entity that owns an indirect, non-economic controlling general partner interest and an indirect limited partner interest in a midstream energy infrastructure company which provides logistics services for crude oil and natural gas liquids. Click Here to get the full Stock Report for Plains GP Holdings LP stock.