Overall market sentiment has been high on Ecmoho Ltd - ADR (MOHO) stock lately. MOHO receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 MOHO Stock Today?
Ecmoho Ltd - ADR (MOHO) stock is up 11.82% while the S&P 500 is down -0.16% as of 3:22 PM on Friday, Jan 22. MOHO is up $0.28 from the previous closing price of $2.34 on volume of 218,970 shares. Over the past year the S&P 500 has gained 15.81% while MOHO is down -63.56%. MOHO lost -$0.42 per share in the over the last 12 months.
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More About Ecmoho Ltd - ADR
ECMOHO Ltd is engaged in the business of non-medical health and wellness market. It is focused on marketing and distribution of health supplements and food, mother and child care products, personal care products, household healthcare equipment, and other health and wellness products through online and offline channels.
Click Here to get the full Stock Score Report on Ecmoho Ltd - ADR (MOHO) Stock.
