What is the Market's View on Enel Chile SA - ADR (ENIC) Stock's Price and Volume Trends Thursday?

Overall market sentiment has been high on Enel Chile SA - ADR (ENIC) stock lately. ENIC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Enel Chile SA - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ENIC!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With ENIC Stock Today?

Enel Chile SA - ADR (ENIC) stock is trading at $3.22 as of 1:00 PM on Thursday, Nov 30, a loss of -$0.05, or -1.38% from the previous closing price of $3.26. The stock has traded between $3.19 and $3.25 so far today. Volume today is 715,222 compared to average volume of 747,259. To see InvestorsObserver's Sentiment Score for Enel Chile SA - ADR click here.

More About Enel Chile SA - ADR

Enel Chile SA is an electricity utility company, which through its subsidiaries and affiliates is engaged in the generation, transmission and distribution of electricity businesses in Chile. It operates through two segments including Generation Business and Distribution Business. The Generation Business Segment is comprised of a group of electricity companies that own electricity generating plants, whose energy is transmitted and distributed to end customers. The Distribution Reportable Segment is comprised of a group of electricity companies operating under a public utility concession. Click Here to get the full Stock Report for Enel Chile SA - ADR stock.