iFresh Inc (IFMK) Stock: What Does the Chart Say Tuesday?

Tuesday, November 16, 2021 01:48 PM | InvestorsObserver Analysts

Mentioned in this article

iFresh Inc (IFMK) Stock: What Does the Chart Say Tuesday?

The market has been high on iFresh Inc (IFMK) stock recently. IFMK gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

iFresh Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IFMK!

See Full IFMK Report

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 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 IFMK Stock Today?

iFresh Inc (IFMK) stock is down -3.73% while the S&P 500 has risen 0.64% as of 1:43 PM on Tuesday, Nov 16. IFMK is lower by -$0.05 from the previous closing price of $1.34 on volume of 471,749 shares. Over the past year the S&P 500 has gained 29.93% while IFMK has risen 74.32%. IFMK lost -$0.02 per share in the over the last 12 months.

More About iFresh Inc

iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores. The company has two reportable and operating segments: Retail segment and Wholesale segment. It offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. The company generates a majority of its revenue from its retail segment. Click Here to get the full Stock Report for iFresh Inc stock.