Agora Inc (API) Stock: What Does the Chart Say Tuesday?

The market has been high on Agora Inc (API) stock recently. API gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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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. 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 API Stock Today?

Agora Inc (API) stock has risen 7.96% while the S&P 500 has fallen -0.06% as of 1:38 PM on Tuesday, Oct 17. API has risen $0.21 from the previous closing price of $2.70 on volume of 210,429 shares. Over the past year the S&P 500 is higher by 18.84% while API has fallen -9.60%. API lost -$1.18 per share in the over the last 12 months. To screen for more stocks like Agora Inc click here.

More About Agora Inc

Agora Inc provides real-time communication solutions. The company offers real-time video calling, voice calling, live audio and video streaming, recording, and real-time messaging. It serves the gaming, retail, and education industries. The company operates in the People's Republic of China and the United States of America and the majority of its revenue is derived from the People's Republic of China. Click Here to get the full Stock Report for Agora Inc stock.