The market has been high on Fang Holdings Ltd (SFUN) stock recently. SFUN gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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.
Recent trends are a good indator 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 SFUN Stock Today?
Fang Holdings Ltd (SFUN) stock is trading at $13.12 as of 1:01 PM on Tuesday, Aug 25, a rise of $0.74, or 5.98% from the previous closing price of $12.38. The stock has traded between $12.74 and $13.80 so far today. Volume today is above average. So far 27,942 shares have traded compared to average volume of 13,457 shares.
To screen for more stocks like Fang Holdings Ltd click here.
More About Fang Holdings Ltd
Fang Holdings Ltd operates in the Chinese internet portal industry. The company handles a real estate business through its web platform, www.fang.com, and a mobile application. The website serves as a one-stop avenue for the users to buy new and second homes, office buildings, and accommodation facilities available for rent in different parts of China. Real estate buyers can also avail of other services such as entrusted loans, mortgage loans, and other financial services that the company provides in the event of its credit assessment requirements being fulfilled. The group generates most of its revenues from new home sales through its e-commerce platform. A part of its income is also derived from marketing, listing, and financial services.
