Overall market sentiment has been high on China Online Education Group - ADR (COE) stock lately. COE receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With COE Stock Today?
China Online Education Group - ADR (COE) stock is trading at $27.64 as of 2:52 PM on Monday, Nov 23, an increase of $1.22, or 4.62% from the previous closing price of $26.42. Volume today is more active than usual. So far 73,397 shares have traded compared to average volume of 10,168 shares. The stock has traded between $25.69 and $28.00 so far today.
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More About China Online Education Group - ADR
China Online Education Group is a leading online education platform in China, with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
Click Here to get the full Stock Score Report on China Online Education Group - ADR (COE) Stock.
