The market has been high on Guggenheim Enhanced Equity Income Fund (GPM) stock recently. GPM 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.
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 GPM Stock Today?
Guggenheim Enhanced Equity Income Fund (GPM) stock is trading at $5.47 as of 11:18 AM on Wednesday, Sep 30, an increase of $0.07, or 1.3% from the previous closing price of $5.40. The stock has traded between $5.40 and $5.47 so far today. Volume today is less active than usual. So far 136,913 shares have traded compared to average volume of 247,885 shares.
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More About Guggenheim Enhanced Equity Income Fund
Guggenheim Enhanced Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income and gains with a secondary objective of long-term capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities.
Click Here to get the full Stock Score Report on Guggenheim Enhanced Equity Income Fund (GPM) Stock.
