The market has been down on Dunxin Financial Holdings Ltd (DXF) stock recently. DXF gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With DXF Stock Today?
Dunxin Financial Holdings Ltd (DXF) stock is trading at $0.81 as of 11:17 AM on Thursday, Jun 18, a drop of -$0.02, or -2.95% from the previous closing price of $0.83. Volume today is high. So far 3,417,493 shares have traded compared to average volume of 856,182 shares. The stock has traded between $0.75 and $1.08 so far today.
More About Dunxin Financial Holdings Ltd
Dunxin Financial Holdings Ltd is engaged in the business of providing loan facilities to micro, small and medium-sized enterprises and sole proprietors in Hubei province of the People's Republic of China. The company's product categories include Traditional, Consumer, Supply Chain, and Integrated financial products. Geographically, it operates in China.