Overall market sentiment has been down on Bilibili Inc - ADR (BILI) stock lately. BILI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Bilibili Inc - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BILI!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With BILI Stock Today?
Bilibili Inc - ADR (BILI) stock is trading at $15.17 as of 10:24 AM on Friday, Sep 30, a loss of -$0.08, or -0.52% from the previous closing price of $15.25. The stock has traded between $14.90 and $15.36 so far today. Volume today is low. So far 1,505,797 shares have traded compared to average volume of 5,904,849 shares.
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More About Bilibili Inc - ADR
Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort. The firm generates revenue through five main areas: advertising, mobile games, live streaming, value-added services, and e-commerce.
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