36Kr Holdings Inc - ADR (KRKR) stock is higher by 15.10% over the past week and gets a Bullish rating from InvestorsObserver's 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 KRKR Stock Today?
36Kr Holdings Inc - ADR (KRKR) stock is trading at $3.43 as of 2:59 PM on Monday, Nov 23, a gain of $0.14, or 4.26% from the previous closing price of $3.29. The stock has traded between $3.24 and $3.50 so far today. Volume today is high. So far 83,869 shares have traded compared to average volume of 25,807 shares.
To see InvestorsObserver's Sentiment Score for 36Kr Holdings Inc - ADR click here.
More About 36Kr Holdings Inc - ADR
36KR Holdings Inc is engaged in providing content and business services to new economy participants in the People's Republic of China. The firm's production process comprises of content creation, content editing, screening and monitoring, and content distribution. It distributes content through a variety of channels, including both self-operated and third-party platforms namely Weibo, Weixin/WeChat, Toutiao, Baidu, and Zhihu. The company mainly generates revenues from providing online advertising services, enterprise value-added services, and subscription services.
Click Here to get the full Stock Score Report on 36Kr Holdings Inc - ADR (KRKR) Stock.
