Overall market sentiment has been down on Xpeng Inc - ADR (XPEV) stock lately. XPEV receives a Bearish 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 XPEV Stock Today?
Xpeng Inc - ADR (XPEV) stock is trading at $34.44 as of 3:11 PM on Friday, Feb 26, a loss of -$0.95, or -2.68% from the previous closing price of $35.39. The stock has traded between $33.00 and $35.82 so far today. Volume today is 16,954,952 compared to average volume of 18,752,425.
To see the top 5 stocks in the Auto Manufacturers industry click here.
More About Xpeng Inc - ADR
XPeng Inc is a Smart Electric Vehicle company designing, developing, manufacturing and marketing smart electric vehicles in China. The company manufactures environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). It targets the mid- to high-end segment in China's passenger vehicle market.
Click Here to get the full Stock Score Report on Xpeng Inc - ADR (XPEV) Stock.
