Do Traders Think Baosheng Media Group Holdings Ltd (BAOS) Can Keep Climbing Friday?

Baosheng Media Group Holdings Ltd (BAOS) stock is higher by 1.85% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Baosheng Media Group Holdings Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BAOS!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 BAOS Stock Today?

Baosheng Media Group Holdings Ltd (BAOS) stock is flat 0% while the S&P 500 has risen 0.2% as of 9:44 AM on Friday, Aug 4. BAOS is flat $0.00 from the previous closing price of $7.71 on volume of 10,266 shares. Over the past year the S&P 500 is higher by 8.56% while BAOS has risen 1.18%. BAOS lost -$15.47 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Baosheng Media Group Holdings Ltd click here.

More About Baosheng Media Group Holdings Ltd

Baosheng Media Group Holdings Ltd operates as a V-log streaming marketing service provider. The firm offers comprehensive marketing solutions. Its services are Internet effect marketing, V-log or short video streaming marketing including content production and operation, e-commerce marketing, original big data platform system service, and AI technology. It provides one-stop and full-link deep customized marketing solutions for partners. Baosheng Group is also a core agency of domestic Internet companies such as Tencent, Alibaba, Bytedance, and Kuaishou, with performing channel marketing services, technologies, and applications. Click Here to get the full Stock Report for Baosheng Media Group Holdings Ltd stock.