The market has been down on Williams Companies Inc (WMB) stock recently. WMB gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Williams Companies Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WMB!
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With WMB Stock Today?
Williams Companies Inc (WMB) stock is trading at $35.51 as of 2:19 PM on Friday, Dec 8, a rise of $0.58, or 1.66% from the previous closing price of $34.93. The stock has traded between $35.06 and $35.65 so far today. Volume today is less active than usual. So far 2,555,955 shares have traded compared to average volume of 6,269,265 shares.
To see InvestorsObserver's Sentiment Score for Williams Companies Inc click here.
More About Williams Companies Inc
Williams is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
Click Here to get the full Stock Report for Williams Companies Inc stock.