Overall market sentiment has been high on SOUTHERN Corporate Series A Unit (SOLN) stock lately. SOLN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
SOUTHERN Corporate Series A Unit has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SOLN!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With SOLN Stock Today?
SOUTHERN Corporate Series A Unit (SOLN) stock is trading at $52.69 as of 11:47 AM on Thursday, Jun 30, a drop of -$0.08, or -0.15% from the previous closing price of $52.77. Volume today is light. So far 103,195 shares have traded compared to average volume of 202,510 shares. The stock has traded between $52.42 and $52.96 so far today.
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More About SOUTHERN Corporate Series A Unit
Southern Co. is one of the largest utilities in the U.S. The company distributes electricity and natural gas to approximately 9 million customers in nine states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power Co. owns 12 gigawatts of mostly non-rate-regulated renewable energy capacity and sells the electricity primarily under long-term power sales agreements. The solar and wind farms are located in Southern's regulated jurisdictions but also in Texas, California, and other states.
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