Stock Rolling Backwards Pre-Bell, Looks for a Reversal: Sunrun Inc. (NASDAQ:RUN)

Sunrun Inc. (NASDAQ:RUN) shares are moving lower ahead of the market open, gapping down -1.17% as the stock currently sits at $60.01 before the bell.

There are many factors that may influence stock price action. One of the most influential factors is company earnings. Company earnings reports can be extremely important for investors. Earnings reports have the ability to let investors know how well or poorly a company has been performing. Investors may try to capitalize on trading around earnings announcements. This can be a very tricky venture and may be quite risky. Studying stock price movements around earnings reports can sometimes be confusing. Often times a company will post better than expected numbers but the stock will drop in price. On the other side, shares may see a bounce even after disappointing results. Analysts try to project what numbers the company will post, but they may not be accurate for a variety of reasons. Following analyst estimates around earnings reports may be helpful, but it may be wise to proceed with caution if only going on what the analysts are saying.

Many investors pay close attention to historical price movements when analyzing stocks. They may also take a deeper look into which sectors have been the best performers over the same time frame. Everyone seems to have an opinion on which way the market will move in the near-term. With the stock market still moving higher, many stock picks may still look really good. Reviewing specific stocks in the portfolio may help scout out the ones that may only be higher because of overall market levels. Predicting the next market shift is usually near impossible. Having the right stocks in the portfolio can help ease the investor’s mind no matter what the next few months brings in terms of volatility.

HISTORICAL GROWTH

Sunrun Inc. (NASDAQ:RUN)’s performance this year to date is 351.34%.  The stock has performed 12.83% over the last seven days, 30.59% over the last thirty, and 223.12% over the last three months.  Over the last six months, Sunrun Inc.’s stock has been 600.34% and 256.58% for the year.

SMA Watch
 Sunrun Inc.’s 20-Day Simple Moving Average is 11.57%.  Extending back, their 50-Day Simple Moving Average is 32.11%, looking even further back, their 200-Day Simple Moving Average stands at 159.03%.  

Making money in the stock market can be challenging, but it is not impossible. Accomplished investors typically have a well-rounded understanding of how markets function. Many successful investors have learned to be patient, disciplined, and ready to jump on any opportunity that arises. Securing higher returns on investment dollars may take some extra time and effort for those who do not have a lengthy background in the stock market. Although there are many types of investments out there, investing in stocks has traditionally provided the highest potential for returns. To realize consistent returns, investors typically have to maintain a steadfast approach and be willing to adapt to changing market environments over time.  

Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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