The market has been high on Tuniu Corp (TOUR) stock recently. TOUR gets a Bullish score 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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With TOUR Stock Today?
Tuniu Corp (TOUR) stock has fallen -2.46% while the S&P 500 is up 0.09% as of 3:00 PM on Wednesday, Jun 30. TOUR is down -$0.06 from the previous closing price of $2.44 on volume of 197,459 shares. Over the past year the S&P 500 is higher by 40.69% while TOUR is up 100.00%. TOUR lost -$1.64 per share in the over the last 12 months.
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More About Tuniu Corp
Tuniu Corp is an online leisure travel company. The company is primarily engaged in the provision of travel-related services in the People's Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company's revenues are derived from within the People's Republic of China.
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