Sunlight Financial Holdings Inc (SUNL) Stock: What Does the Chart Say Friday?

Friday, October 29, 2021 11:47 AM | InvestorsObserver Analysts

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Sunlight Financial Holdings Inc (SUNL) Stock: What Does the Chart Say Friday?

Overall market sentiment has been high on Sunlight Financial Holdings Inc (SUNL) stock lately. SUNL receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sunlight Financial Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SUNL!

See Full SUNL Report

What is Stock Sentiment?

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SUNL Stock Today?

Sunlight Financial Holdings Inc (SUNL) stock is trading at $5.94 as of 11:41 AM on Friday, Oct 29, a decline of -$0.07, or -1.16% from the previous closing price of $6.01. The stock has traded between $5.80 and $6.00 so far today. Volume today is below average. So far 183,314 shares have traded compared to average volume of 1,073,691 shares. To see InvestorsObserver's Sentiment Score for Sunlight Financial Holdings Inc click here.

More About Sunlight Financial Holdings Inc

Sunlight Financial Holdings Inc is a technology-enabled point-of-sale finance company. It partners with contractors nationwide to provide homeowners with financing for the installation of residential solar systems and other home improvements. Its technology and deep credit expertise simplify and streamline consumer finance, ensuring a fast and frictionless process for both contractors and homeowners. Click Here to get the full Stock Report for Sunlight Financial Holdings Inc stock.