Overall market sentiment has been high on Bilibili Inc - ADR (BILI) stock lately. BILI receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 higher by 5.06% while the S&P 500 is unmoved 0% as of 11:50 AM on Monday, Jun 15. BILI is up $1.82 from the previous closing price of $35.87 on volume of 3,782,987 shares. Over the past year the S&P 500 has risen 5.25% while BILI is up 162.47%. BILI lost -$0.71 per share in the over the last 12 months.
More About Bilibili Inc - ADR
Bilibili Inc is a full-spectrum online entertainment company. It operates as a video sharing Website that covers a range of genres and media formats, including videos, live broadcasting, and mobile games. Its theme features include animation, comic, and game, where users can submit, view, and add commentary subtitles on videos. Geographically, the company is based in China and it generates revenues from mobile games, e-commerce, live broadcasting, and online advertising.