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 FRHC Stock Today?
Freedom Holding Corp (FRHC) stock is trading at $84.51 as of 10:24 AM on Friday, Jan 26, a rise of $6.15, or 7.85% from the previous closing price of $78.36. The stock has traded between $82.20 and $86.40 so far today. Volume today is more active than usual. So far 187,852 shares have traded compared to average volume of 56,065 shares.
To see InvestorsObserver's Sentiment Score for Freedom Holding Corp click here.
More About Freedom Holding Corp
Freedom Holding Corp. (NASDAQ: FRHC), a Nevada corporation, is a financial services holding company conducting retail financial securities brokerage, investment research, investment counseling, securities trading, investment banking and underwriting services, mortgages, insurance, and consumer banking through its subsidiaries. The company operates under the name of Freedom Finance in Europe and Central Asia. Through its subsidiaries, Freedom Holding Corp. employs more than 2,900 people and is a professional participant in the Kazakhstan Stock Exchange, the Astana International Exchange, the Republican Stock Exchange of Tashkent, and the Uzbek Republican Currency Exchange and is a member of the New York Stock Exchange and the Nasdaq Stock Exchange. Freedom Holding Corp. has its principal executive offices in Almaty, Kazakhstan, and has a presence in 14 countries, including Kazakhstan, Cyprus, the United States, Uzbekistan, the United Kingdom, and Germany. Freedom Holding Corp.'s common stock is registered with the United States Securities and Exchange Commission and is traded in the United States on the Nasdaq Capital Market, operated by Nasdaq, Inc.
Click Here to get the full Stock Report for Freedom Holding Corp stock.
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