Do Traders Think Secoo Holding Ltd - ADR (SECO) Can Turn Around Friday?

Secoo Holding Ltd - ADR (SECO) stock is down 16.67% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Secoo Holding Ltd - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SECO!

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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 SECO Stock Today?

Secoo Holding Ltd - ADR (SECO) stock has gained 4.85% while the S&P 500 is down -1.25% as of 2:47 PM on Friday, Mar 17. SECO has gained $0.03 from the previous closing price of $0.62 on volume of 177,939 shares. Over the past year the S&P 500 is down -10.26% while SECO is down -83.67%. SECO lost -$124.48 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Secoo Holding Ltd - ADR click here.

More About Secoo Holding Ltd - ADR

Secoo Holding Ltd operates an online and offline shopping platform in China. It operates as an online retailer in China through the website, mobile applications, and offline experience centers in Beijing, Shanghai, Chengdu, Tianjin, Xiamen, Qingdao, and Malaysia. Also, the company is cooperating with brand boutiques such as Versace boutiques for its customers to pick up products ordered on its online platform. The majority of revenue is generated from its online business. Its geographical segments are China, Hongkong, and Others, of which the majority of the revenue is generated from China. Click Here to get the full Stock Report for Secoo Holding Ltd - ADR stock.