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?
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.
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 WLL Stock Today?
Whiting Petroleum Corp (WLL) stock is up 6.27% while the S&P 500 has fallen -0.2% as of 2:39 PM on Monday, Feb 22. WLL has gained $2.04 from the previous closing price of $32.54 on volume of 680,501 shares. Over the past year the S&P 500 has gained 20.86% while WLL has fallen -72.45%. WLL lost -$422.71 per share in the over the last 12 months.
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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 the revenue from the sales of oil, natural gas liquids, and natural gas.
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