In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 GOTU Stock Today?
Gaotu Techedu Inc (GOTU) stock is trading at $7.83 as of 12:01 PM on Thursday, Mar 14, a loss of -$0.01, or -0.13% from the previous closing price of $7.84. Volume today is below average. So far 1,823,878 shares have traded compared to average volume of 8,998,788 shares. The stock has traded between $7.49 and $8.02 so far today.
More About Gaotu Techedu Inc
Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services.
Click Here to get the full Stock Report for Gaotu Techedu Inc stock.
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