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.
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 FTEK Stock Today?
Fuel Tech Inc (FTEK) stock has gained 5.97% while the S&P 500 has fallen -0.79% as of 10:43 AM on Friday, Dec 2. FTEK has gained $0.08 from the previous closing price of $1.34 on volume of 69,240 shares. Over the past year the S&P 500 is down -10.38% while FTEK has fallen -7.19%. FTEK lost -$0.04 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Fuel Tech Inc click here.
More About Fuel Tech Inc
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
Click Here to get the full Stock Report for Fuel Tech Inc stock.
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