Should You Buy Entergy Corp (ETR) Stock After it Is Lower By 0.07% in a Week?

Entergy Corp (ETR) stock is down 0.07% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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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 ETR Stock Today?

Entergy Corp (ETR) stock is lower by -1.1% while the S&P 500 is higher by 0.06% as of 3:07 PM on Wednesday, Nov 29. ETR has fallen -$1.12 from the previous closing price of $101.65 on volume of 809,287 shares. Over the past year the S&P 500 has risen 14.97% while ETR has fallen -11.23%. ETR earned $6.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.45. To see InvestorsObserver's Sentiment Score for Entergy Corp click here.

More About Entergy Corp

Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its merchant plants in 2014. Click Here to get the full Stock Report for Entergy Corp stock.