The market has been high on WiMi Hologram Cloud Inc - ADR (WIMI) stock recently. WIMI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
WiMi Hologram Cloud Inc - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WIMI!
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.
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 WIMI Stock Today?
WiMi Hologram Cloud Inc - ADR (WIMI) stock is trading at $1.05 as of 1:18 PM on Monday, Jun 5, a gain of $0.05, or 5% from the previous closing price of $1.00. The stock has traded between $0.97 and $1.08 so far today. Volume today is high. So far 507,431 shares have traded compared to average volume of 377,036 shares.
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More About WiMi Hologram Cloud Inc - ADR
WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.
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