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.
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 LFC Stock Today?
China Life Insurance Co Ltd ADR (LFC) stock is trading at $7.03 as of 10:29 AM on Thursday, May 12, a rise of $0.01, or 0.14% from the previous closing price of $7.02. Volume today is below average. So far 120,780 shares have traded compared to average volume of 743,664 shares. The stock has traded between $6.99 and $7.09 so far today.
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More About China Life Insurance Co Ltd ADR
With headquarters in Beijing and having around 20% share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is currently undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.
Click Here to get the full Stock Report for China Life Insurance Co Ltd ADR stock.
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