What is the Market's View on SilverBow Resources Inc (SBOW) Stock's Price and Volume Trends Friday?

Overall market sentiment has been high on SilverBow Resources Inc (SBOW) stock lately. SBOW receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

SilverBow Resources Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SBOW!

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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. 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 SBOW Stock Today?

SilverBow Resources Inc (SBOW) stock is trading at $30.17 as of 1:30 PM on Friday, Mar 3, a rise of $1.31, or 4.54% from the previous closing price of $28.86. The stock has traded between $28.06 and $30.20 so far today. Volume today is 228,988 compared to average volume of 298,101.

More About SilverBow Resources Inc

SilverBow Resources Inc is an independent oil and gas company. The company is focused on acquiring and developing assets in the Eagle Ford Shale and Austin Chalk located in South Texas where it has assembled approximately 153,000 net acres across six operating areas. The company's acreage position in each of its operating areas is highly contiguous and designed for optimal and efficient horizontal well development. Its reported oil and gas sales are comprised of revenues from oil, natural gas and natural gas liquids sales. Click Here to get the full Stock Report for SilverBow Resources Inc stock.