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What is the Market's View on Sunrun Inc (RUN) Stock's Price and Volume Trends Monday?

Monday, March 20, 2023 11:46 AM | InvestorsObserver Analysts

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What is the Market's View on Sunrun Inc (RUN) Stock's Price and Volume Trends Monday?

The market has been down on Sunrun Inc (RUN) stock recently. RUN gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Sunrun Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RUN!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With RUN Stock Today?

Sunrun Inc (RUN) stock is trading at $17.68 as of 11:35 AM on Monday, Mar 20, an increase of $0.36, or 2.11% from the previous closing price of $17.32. The stock has traded between $17.10 and $18.06 so far today. Volume today is light. So far 4,128,382 shares have traded compared to average volume of 9,699,178 shares. To screen for more stocks like Sunrun Inc click here.

More About Sunrun Inc

Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers. Click Here to get the full Stock Report for Sunrun Inc stock.

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